retirements
PJM filed Tariff revisions in response to an order by FERC requiring it take steps to prevent fleet owners from receiving reactive power payments from retired or sold generators
PJM officials are seeking to postpone generation retirements — or accelerate planned new generation — to help the RTO ride through potential shortages next winter.
FERC ordered PJM stakeholders to develop rules to prevent fleet owners from receiving reactive power payments for retired generators.
PJM yesterday opened the 2017/2018 Capacity Auction amid modest hopes among generators that the RTO’s rule changes will cause a rebound in prices.
Retrofits and other planned outages will make it challenging to maintain reserve margins in 2014 and 2015 and PJM will likely need to reschedule some outage requests as a result.
On Feb. 28, the MRC endorsed changes to PJM’s system restoration procedures and methods for selecting black start units.
Reason for changes: The MRC acted i...
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