PJM Market Implementation Committee
PJM proposed changes to how it measures and verifies the capacity contribution of energy efficiency resources, drawing concerns the RTO is moving too fast to implement changes ahead of the next capacity auction.
PJM spent $53.5 million on conservative, out-of-market dispatch procedures to maintain reliability during the January 2024 Winter Storm Gerri.
The PJM Market Implementation Committee endorsed manual revisions codifying the real-time temporary exceptions process for generators to report any issues that may prevent them from operating to their unit-specific parameters.
The Market Implementation Committee discussed PJM's analysis of how proposed Critical Issue Fast Path filings before FERC might have impacted the 2024/25 Base Residual Auction results.
PJM’s MIC heard updates on capacity market proposals pending before FERC and began a review of how energy efficiency resources participate in the market.
PJM's Market Implementation Committee endorsed one of several packages to create new rules for generators with co-located load and rejected four proposals revising how generators providing reactive power service are compensated.
A poll by the Market Implementation Committee found little support for two competing proposals on capacity offer opportunities for co-located load.
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