FERC conditionally approved a PJM proposal to revise its approach to accrediting intermittent and hybrid resources under its ELCC model.

PJM presented a preliminary proposal to overhaul its capacity market to the Resource Adequacy Senior Task Force.

FERC rejected SPP’s capacity accreditation methodology for wind and solar resources and granted a rehearing request of its prior approval.

PJM members’ vote to limit resources’ capacity interconnection rights is not likely to end the dispute over how the RTO accredits intermittent resources.

PJM’s Markets and Reliability Committee and Members Committee endorsed a proposal to change the RTO’s accreditation methodology for intermittent resources.

PJM's Planning Committee endorsed a proposed solution for capacity accreditation of intermittent resources under the effective load-carrying capability process.

PJM's first order of business in 2023 will be a review of the “indicative” 2024/25 capacity auction results following concerns of artificially inflated prices.

PJM's MRC rejected two proposals that would have created a “circuit breaker” mechanism to limit prices during extended periods of high prices.

The PJM Planning Committee reviewed a slate of proposals to address capacity interconnection rights for effective load-carrying capability resources.

The PJM Planning Committee continued fine-tuning the five remaining packages for assigning capacity interconnection rights to ELCC resources.