The PJM Markets and Reliability Committee endorsed an RTO proposal to increase the maximum number of bids a single corporate entity can enter into FTR auctions.

A summary of the agenda items scheduled to be brought to a vote at the PJM Markets and Reliability Committee and Members Committee meetings Thursday.

PJM’s Markets and Reliability Committee and Members Committee endorsed a proposal to change the RTO’s accreditation methodology for intermittent resources.

The MRC discussed the market seller offer cap and capacity performance quantifiable risk at the behest of stakeholders concerned about current constructs.

PJM’s Brian Chmielewski will review a proposal addressing capacity interconnection rights for effective load-carrying capability resources.

PJM's MRC rejected two proposals that would have created a “circuit breaker” mechanism to limit prices during extended periods of high prices.

PJM said it will ask FERC to modify the rules of its 2024/25 capacity auction to avoid artificially high prices in one region of the RTO.

A summary of the agenda items scheduled to be brought to a vote at the PJM Markets and Reliability Committee and Members Committee meetings.

PJM stakeholders rejected a proposal from the Illinois CUB to require that at least one member of the Board of Managers have clean energy qualifications.

PJM CEO Manu Asthana will deliver opening remarks to the MRC, followed by a presentation on diversity, equity and inclusion by chief DEI officer Michael Coyle.