November 2, 2024

Capacity Performance (CP)

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Complaints to FERC over PJM Performance Penalties Multiply
More generator companies filed complaints with FERC alleging that PJM violated its governing documents during its response to the December 2022 winter storm.
© RTO Insider LLC
IPP Asks FERC to Dismiss PJM Performance Penalties over Elliott Outages
Nautilus Power asked FERC to dismiss penalties over the December 2022 storm, saying PJM failed to provide sufficient notice for their units to purchase gas.
© RTO Insider LLC
PJM MRC/MC Briefs: March 22, 2023
PJM's vice president of market design told the MRC that the RTO is delaying its estimation of when it will be publishing a report on the December winter storm.
© RTO Insider LLC
PJM Chief: Retirements Need to Slow down
PJM needs to slow the pace of generation retirements to avoid reliability problems by 2030, CEO Manu Asthana told the Electric Power Supply Association.
© RTO Insider LLC
PJM, Stakeholders Present Initial Capacity Market Proposals to RASTF
PJM presented a preliminary proposal to overhaul its capacity market to the Resource Adequacy Senior Task Force.
Monitoring Analytics
PJM Monitor: Rise in Fuel Costs Led to Record-high Prices in 2022
Average PJM LMPs doubled to a record-high $80/MWh last year, driven mostly by coal and natural gas prices, the RTO’s Independent Market Monitor reported.
© RTO Insider LLC
PJM Stakeholders Seeking More Detail from Board on Reliability Fast Path
PJM stakeholders requested that the Board of Managers provide more information about its initiation of a fast-track process to address reliability concerns.
© RTO Insider LLC
PJM Board Initiates Fast-track Process to Address Reliability
PJM’s Board of Managers is opening an accelerated stakeholder process to address rising reliability concerns about the RTO’s capacity market.
© RTO Insider
PJM Weighs Options for Winter Storm Elliott Follow-up
PJM updated stakeholders on its progress in collecting up to $2 billion in non-performance penalties stemming from Winter Storm Elliott.
© RTO Insider LLC
PJM Stakeholders Discuss Capacity Market Changes After Winter Storm
PJM's Independent Market Monitor has proposed a plan to eliminate performance assessment intervals and related penalties from the RTO’s capacity market.

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