uplift
PJM energy market prices were down almost 40% in the first half of 2015 compared with 2014, while capacity and transmission service charges rose.
PJM members agreed last week to consider relaxing confidentiality rules, despite reservations from several utilities.
PJM is proposing to relax confidentiality rules regarding uplift payments and generator outages, saying they are inhibiting stakeholder discussions.
PJM's Market Monitor told FERC that proposals by the RTO and a marketer to change the FTR forfeiture rule would weaken protections against market manipulation.
A round-up of news from the PJM Planning Committee on May 7, 2015.
If FERC keeps its word, virtual traders in PJM should have clarity by the end of October on whether up-to-congestion transactions will be subject to additional charges.
The PJM Markets and Reliability Committee tabled voting until next month on a proposal to tighten rules on lost opportunity costs for combustion turbines.
Our summary of the issues scheduled for votes at the PJM MRC and MC on 03/26/15. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.
Last winter’s cold raised concerns about economic withholding, the PJM Independent Market Monitor said in its annual State of the Market report.
PJM’s request to raise the cost-based energy offer cap to $1,800/MWh through March drew a flurry of comments and protests in the days before Christmas.
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