The PJM initiative to revise how its energy market is constructed continued down the rabbit hole with a discussion about the timing of procuring reserves.

PJM rolled out a proposal to procure reserves on a more granular level, a move the RTO hopes will shift more generator revenues back into the energy market.

FERC should let RTO stakeholder processes work and not issue broad and costly new mandates on grid resilience, commenters told the commission.

PJM members at last week’s MRC meeting endorsed revisions to an initiative examining the calculation of the balancing ratio used in setting capacity offer caps.

The PJM Board of Managers directed staff to identify changes to improve reserve market pricing that can be implemented for next winter.

PJM stakeholders at the Markets and Reliability Committee meeting endorsed the second phase of an initiative with MISO to address overlapping congestion.

PJM assured Pennsylvania legislators that the state has ample power generation for its needs and cautioned that fuel diversity will not ensure reliability.

PJM that its generation fleet performed much better in this New Year’s January cold snap than during the 2014 polar vortex.

PJM has a lot on its plate for 2018, including an ongoing effort to change its capacity market structure, the DOE NOPR and gas-electric coordination.

PJM’s initiative to internalize all generator payments moved forward at the MRC when stakeholders endorsed the RTO’s proposal to examine price formation.