FERC denied a challenge to PJM’s capacity import limit, rejecting rehearing requests by AMP, the Northern Illinois Municipal Power Agency and IMEA.

A round-up of news from the PJM Market Implementation Committeee on Jan. 8, 2015.

PJM electric consumers are spending $433 million a year in excess capacity because the RTO’s load forecasts fail to fully capture energy efficiency, according to a report by The Brattle Group.

Our summary of the issues scheduled for votes at the PJM MRC and MC on 09/18/14. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.

Market Monitor Joe Bowring and stakeholders representing load expressed doubts last week about PJM’s latest capacity market proposals.

PJM members deadlocked last week on changes to capacity market parameters with none of five proposals winning a supermajority.

Our summary of the issues scheduled for votes at the PJM MRC and MC on 08/21/14. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.

PJM capacity prices would increase sharply but reliability would not be threatened if a recent federal court ruling eliminated demand response from wholesale markets, the Market Monitor said.

Load representatives concerned by reports of generators’ bidding strategies in May’s PJM capacity auction reacted by threatening to block an initiative by Exelon Corp. to provide more informative supply curves.

PJM rule changes since last year’s auction resulted in reductions in cleared generation imports and demand response. The mix of DR that cleared also changed, with more annual resources and less summer-only.