PJM and its Independent Market Monitor (IMM) debated the RTO's plan to implement a fuel-cost policy review process in a special three-hour MIC meeting.

FERC accepted the PJM compliance filing on its fuel-cost policies for generating units but required the RTO to make another compliance filing.

PJM walked the Market Implementation Committee through planned Operating Agreement and Tariff revisions to satisfy elements of FERC Order 825.

The PJM Members Committee elected new sector whips and the Markets and Reliability Committee discussed fuel-cost policy revisions.

After months of debate, PJM’s Manual 15 revisions on fuel-cost policies and hourly offers won the approval of the Market Implementation Committee.

PJM is trying to usurp the IMM’s authority to regulate fuel-cost policies and consequently increasing market participants’ ability to exercise market power, the Monitor argued in a protest.

PJM will try again next month to gain stakeholder approval for codifying several generator operating parameters after a Market Implementation Committee discussion led to last-minute changes.

A summary of issued discussed by the PJM Markets and Reliability Committee on August 25, 2016.