PJM Market Implementation Committee (MIC)
Stakeholders endorsed PJM's proposal to change the undefined regulation mileage ratio calculation after months of debate.
PJM asked FERC to delay the Dec. 1 capacity auction by almost two months, citing the commission’s recent revision to auction rules.
The PJM MIC OKd changes on fast-start pricing, 5-minute dispatch, solar-battery hybrids and an issue charge over energy efficiency in the capacity market.
Stakeholders unanimously voted to amend PJM's issue charge addressing the calculation of regulation mileage ratio, asking the RTO for more time to discuss.
After several months of debate, PJM stakeholders endorsed an issue charge aimed at addressing compensation for reactive supply and voltage control service.
PJM stakeholders endorsed a proposal to address regulation for virtual combined cycle units, but some were concerned that the work will be too complex.
PJM stakeholders questioned whether proposals addressing compensation for reactive power supply and voltage control service should be delayed.
PJM stakeholders endorsed an issue charge regarding the allocation of capacity transfer rights after delaying the vote last month.
PJM put a vote regarding CTR allocation on hold and discussed capital recovery factors as well as its long-term five-minute dispatch and pricing issue.
Stakeholders at PJM's MIC meeting challenged the use of the “quick fix process” and endorsed a proposed package addressing PRD credits.
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