Joe Bowring
FERC's proposed rule would require RTOs and ISOs to register market participants through common alpha-numeric identifiers.
A summary of measures approved by the PJM Members Committee on Nov. 19, 2015.
The report concluded that PJM's energy, capacity and regulation markets were competitive for the first nine months of the year.
PJM Market Monitor Joe Bowring said that the RTO must include strong market-power protections in rules allowing generators to change their offers hourly.
PJM and the Monitor are considering the changes to reduce uplift and gaming opportunities and allow quicker solving of the day-ahead energy market.
PJM Market Monitor Joe Bowring had a lively debate with one of the consultants for Powhatan Energy over the “duty” of market participants to self-police against market manipulation.
Calpine won PJM stakeholder approval for an initiative that could give generators more flexibility in pricing following an unusually lengthy debate before the Markets and Reliability Committee Thursday.
PJM stakeholders approved tighter rules on generator lost opportunity costs but rejected a proposal to limit eligibility to the most flexible combustion units.
A summary of measures approved by the PJM Markets and Reliability and Members Committees on March 31, 2015.
PJM members were asked last week to consider allowing generators to revise their offers hourly in the energy market to reflect changes in gas prices.
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