PJM Board of Managers
PJM’s attempt to address speculation in the capacity market collapsed Thursday as members failed for the second time in three months to reach consensus on rule changes.
News briefs on companies in PJM Interconnection: PJM, PPL, and a new demand response trade group - the Advanced Energy Management Alliance.
PJM announced tonight that it will ask members to pay more than $2 million in defaults by two retail marketers unable to cover high power costs during January’s arctic cold.
FERC approved PJM’s proposal to cap the amount of Limited and Extended Summer demand response that clears in the annual base capacity auction, an action expected to increase capacity prices.
PJM asked FERC to approve changes to the capacity auction - and the way that demand response clears within it - after those changes were rejected by stakeholders.
The PJM Members Committee selected Jim Jablonski, representing the Public Power Assoc. of N.J., as vice chair for 2014. Dana Horton, of AEP, moves to chair.
PJM may seek FERC approval for a plan to change the way demand response clears in capacity auctions despite stakeholders’ rejection of the plan.
The PJM Board of Managers may seek FERC approval for a staff proposal to change the way demand response clears in capacity auctions despite stakeholders’ rejection of the plan.
Members approved PJM’s methodology for limiting capacity imports but soundly rejected the RTO’s proposal to change the way DR clears in the capacity market.
AP South and the Cleveland Interface attracted the most attention in PJM’s inaugural window for proposed congestion relief upgrades.
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