Committee business included a quick-fix package to expand the definition of dual-fuel generation in the Reliability Assurance Agreement to include generation capable of running on a backup fuel type with off-site storage and dedicated delivery.
PJM's Markets and Reliability Committee discussed a problem statement and issue charge brought by Pennsylvania Gov. Josh Shapiro to open a discussion on establishing a sub-annual capacity market design.
FERC approved a PJM proposal to revise the penalty rate for resources that are unable to meet their capacity obligation due to a decrease to their accreditation.
Capacity markets have brought significant cost savings for customers in the Northeast over the past two decades but now face the critical need to evolve amid rapid load growth and a changing resource mix.
PJM presented changes to its submission and review processes for large load adjustments that are intended to provide stakeholders with more transparency before they are included in future load forecasts, as well as a draft proposal to standardize how it determines what share of LLAs will be included in its forecasts.
The Members Committee is set to vote on several proposals drafted by PJM and stakeholders to determine how to allocate costs associated with generators required to remain online through DOE’s emergency orders under FPA Section 202(c).
NRG Energy told FERC its purchase of generation and the CPower subsidiary from LS Power will not impact competition, despite some overlap in assets in New York and PJM.
PJM and members will review proposals for allocating the costs of keeping Eddystone Generating Station operating under a Department of Energy emergency order.
A Republican vigorously pushing gas and nuclear generation will face a Democrat who favors solar as a way to meet the state’s growing electricity needs.
