The PJM MRC rejected four proposals to rework how the RTO measures and verifies the capacity EE providers can offer into the market.

Below is a summary of the agenda items scheduled to be brought to a vote at the PJM Markets and Reliability Committee and Members Committee meetings March 20.

PJM's Planning Committee endorsed revised values for the installed reserve margin and forecast pool requirement used to calculate capacity procurement targets in the 2025/26 Base Residual Auction.

The ISO's New Capacity Zone study indicates that New York's six highway interfaces have sufficient transmission capacity, making establishment of new capacity zones unnecessary.

After four rounds of voting, the New York State Reliability Council Executive Committee approved a 22% IRM for 2024/25, up from 20% for the previous year.

The New York State Reliability Council OK'd interconnection standards for inverter-based resources larger than 20 MW.  

The NYSRC Executive Committee approved the modeling assumptions for its 2024/25 installed reserve margin requirement study base case and discussed potential cap-and-invest updates.

The Planning Committee endorsed the recommended values in the 2023 Reserve Requirement Study, which would increase the amount of reserves that PJM aims to procure for the 2027/28 delivery year.

PJM brought a quick fix solution before the Planning Committee, seeking to address the frequency and magnitude of load forecast adjustments being requested by electric distribution companies.