On August 20, 2014, PJM Interconnection (PJM) proposed changes to their capacity market to address reliability concerns highlighted by generator performance during the 2013-2014 winter season, during which up to 22% of PJM capacity was unavailable due to cold-weather issues. The purpose of this proposal is to provide details regarding PJM’s proposed initial solution to issues identified in PJM’s August 1, 2014 whitepaper entitled “Problem Statement on PJM Capacity Performance Definition.” PJM expects the solutions detailed in this proposal will be adapted through discussions with stakeholders.
Continue Reading PJM Interconnection Proposes New Capacity Performance Rules to Provide Stronger Performance Incentives and Operational Availability During Peak Conditions