PJM Board of Managers
This is the space where we would have told you what happened at the PJM Board of Managers’ Enhanced Liaison Committee meeting Tuesday.
William R. Mayben will retire next year after serving seven years on the PJM Board of Managers. Mayben will remain until a successor is named.
Fourteen coalitions representing more than 80 stakeholders submitted briefing papers to the PJM Board of Managers Tuesday on the RTO’s Capacity Performance proposal. Don’t have time to read all 150 pages? No worries. We’ve summarized the groups’ concerns here.
PJM officials said Wednesday they are amending their proposed capacity overhaul in response to dozens of mostly critical stakeholder comments.
Virtually all of the stakeholders who commented on PJM's proposed Capacity Performance product agreed that it goes too far, creates too much risk and is being rushed through the stakeholder process too quickly.
Two of the finalists for the Artificial Island transmission fix have offered to cap their costs while a third has teamed up with Pepco.
PJM will increase performance penalties and incentives and seek ways to incorporate firm gas transportation in energy prices under an initiative announced last week to reduce generator outage rates during winter.
Facing a barrage of criticism from spurned Artificial Island bidders, state officials and others, PJM’s Board of Managers has delayed action on a recommendation that it select Public Service Electric & Gas to fix the Artificial Island stability problem. Instead, the board will allow PSE&G and other finalists to “supplement” their proposals in response to LS Power’s offer to cap its project cost at $171 million.
Consumer advocates asked the PJM Board of Managers to assess the impact of recent capacity market changes before making any new ones and criticized what they called the RTO’s new “inflexibility.”
Stakeholders re-elected three PJM board members and approved a rule change allowing votes in favor of the status quo.
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