Eric Gimon, senior fellow with Energy Innovation Policy & Technology, argues against PJM's extended Resource Carve-Out capacity market proposal.

Public power representatives reiterated their case against mandatory capacity markets, teaming with renewable advocates for a one-day conference.

The PJM Markets and Reliability Committee agreed to a one-year delay in adding cost-containment measures to the RTO’s transmission planning process.

OPSI warned PJM that it should avoid any capacity market changes that would increase costs or restrict state policies setting generation preferences.

With a myriad of proposals emerging to revamp PJM’s capacity market, stakeholders are focused on what the RTO will do, but staff aren’t tipping their hand.

NOVEC weighed in with its own plan for reforming PJM’s capacity construct, saying the nine existing proposals ignored sometimes-illogical human behavior.

PJM appears headed toward implementing a capacity construct that would reprice auction results to address the influence of subsidized generation offers.

Stakeholders appear to be eyeing the finish line of PJM’s yearlong effort to consider reforming its capacity construct.

After nearly a year of discussion on potential changes to PJM’s capacity model, stakeholders are determining what components a new construct should have.

PJM staff have completed analysis of Reliability Pricing Model projects and are nearly finished examining interregional projects.