The PJM Market Implementation Committee discussed capacity interconnection rights, carbon pricing, the RTO's market seller offer cap, and more.

PJM will move forward with its August capacity auction under current market rules, unless FERC says otherwise, CEO Andy Ott told stakeholders.

PJM proposed an alternative stakeholder process to implement market rule changes recommended in a special report on the RTO’s role in the GreenHat default.

The PJM Market Implementation Committee heard a first read on a proposed change to the calculations for financial transmission rights forfeitures.

The PJM MIC set up a showdown over whether the RTO can force capacity resources into energy-only status for failing to meet requirements.

Capacity market sellers expressed anxiety over PJM’s “parallel path” for its upcoming Base Residual Auction, urging staff to consider delaying the auction until FERC clarifies the minimum offer price rule.

PJM’s Market Implementation Committee, which approved changes to its must-offer exception rules in November, will consider 2 alternative proposals March 6.

PJM would be tasked with updating the testing rules for rarely dispatched DR resources under a problem statement and issue charge presented to members.

PJM won’t act on FERC’s order to rerun its July 2018 financial transmission rights auction unless the commission denies the RTO’s planned motion for a stay.

Shell Energy came to the Market Implementation Committee to make its case against PJM recovering charges from FTRs it purchased from failed GreenHat Energy.