Stakeholders approved a revised Zonal Base Load definition to ensure that zones don’t lose Auction Revenue Rights due to extreme weather.

Members last week agreed to create a senior task force to fix the underfunding of Financial Transmission Rights (FTRs) following a debate over the role of Auction Revenue Rights.

Stakeholders approved a rule change to the PJM zonal base load definition so that zones don’t lose Auction Revenue Rights due to anomalies caused by storms or other extraordinary events.

PJM will approve only one of 17 congestion relief proposals submitted in September, saying most failed to provide sufficient benefits or targeted problems that were already addressed.

The Markets and Reliability and Members Committees approved modeling changes for the annual Auction Revenue Rights (ARR) allocation to reflect the return of ...