uplift
Stakeholders split last week over a PJM offer cap proposal that changes how the RTO captures the cost of deploying additional reserves during extreme weather.
A look at how MISO and the Northeast RTOs are planning to cope with winter 2014-15.
PJM wasn’t the only place the winter 2013-14 made its mark in the record books. MISO, the Southwest Power Pool and NYISO all hit all-time winter peaks during January’s polar vortex, while ISO New England came up just short.
PJM is considering boosting its capacity payments to nuclear plants and others with firm winter fuel supplies, the RTO told a FERC technical conference Tuesday.
In its State of the Market report for 2013, the Market Monitor listed several high-priority tasks for the coming year.
Financial marketers are pleased with PJM’s proposal to change the way uplift charges are assessed on virtual trades but aren’t convinced by a PJM analysis that the RTO says justifies extending the charges to up-to congestion trades (UTCs).
PJM's Market Monitor would like to tell stakeholders the identifies of the handful of generators that received $350 million in uplift charges last year. But PJM officials said they are prevented from disclosing the names.
Members voted to expand the scope of the Energy Market Uplift Senior Task Force (aka the PJM EMUSTF) to incorporate reactive cost issues originally assigned to a separate panel.
PJM will consider relaxing rules for up-to congestion transactions under a problem statement approved last week.
Our summary of the issues scheduled for votes at the PJM MRC on 12/19/13. 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.
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