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PJM Files Capacity Market Overhaul for Resource Adequacy and Grid Reliability | Troutman Pepper

On October 13, 2023, PJM Interconnection, L.L.C. (“PJM”) submitted two filings with FERC proposing revisions to its Open Access Transmission Tariff (“Tariff”) and its “Reliability.

Open access transmission tariffBase residual auctionMarket seller offer capCapacity performanceMinimum offer price ruleMarket seller offerCapacity performance quantifiable riskCapacity market sellersPlanned generation capacity resourcesPerformance paymentsPerformance assessment intervalsCapacity resourcesNon performance chargesBalancing ratioMarket participantsFixed resource requirement

PJM Files Changes to Capacity Market To Promote Reliability

/PRNewswire/ PJM today submitted proposed market reforms designed to support reliability of the electric grid now and in the future amid increasingly.

United statesNorth carolinaNew jerseyWest virginiaValley forgeDistrict of columbiaAdam keechResource adequacy senior taskEnergy ancillary servicesEnergy regulatory commissionResource adequacy needsFederal energy regulatory commissionResidual auctionCapacity performanceMarket seller offer capMinimum offer price rule

PJM Capacity Auction Secures Electricity Supplies at Competitive Prices

Press release content from PR Newswire. The AP news staff was not involved in its creation.

District of columbiaUnited statesNorth carolinaValley forgeWest virginiaNew jerseyAtlantic cityEnergy efficiencyServices revenueMarket servicesYear attractsReliable resource mixLower costBase residual auctionStu breslerSenior vice president

PJM Capacity Auction Secures Electricity Supplies at Competitive Prices

/PRNewswire/ PJM Interconnection announced today the successful procurement of resources in its annual capacity auction to meet electricity needs and ensure.

District of columbiaUnited statesEnergy efficiencyServices revenueMarket servicesBase residual auctionStu breslerSenior vice presidentFixed resource requirementMinimum offer price ruleMarket seller offerAncillary services revenueEffective load carrying capabilityDemand responseAtlantic city electricDelmarva power

PJM Capacity Auction Secures Electricity Supplies at Competitive Prices

/PRNewswire/ PJM Interconnection announced today the successful procurement of resources in its annual capacity auction to meet electricity needs and ensure.

District of columbiaUnited statesEnergy efficiencyServices revenueMarket servicesBase residual auctionStu breslerSenior vice presidentFixed resource requirementMinimum offer price ruleMarket seller offerAncillary services revenueEffective load carrying capabilityDemand responseAtlantic city electricDelmarva power

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