PJM

PJM Reserve Price Formation Changes

PJM Reserve Price Formation Changes

As a result of FERC Order ER19-1486 PJM has changed several aspects of their reserve markets. This member impacting change will affect submissions, pricing, and settlements. These changes include: Consolidation of Tier 1 and Tier 2 Synchronized Reserve products...

PJM retires obsolete TLS protocols

Today, Monday, December 13 from 6:00 – 8:00 p.m. EPT (1800-2000 hours) PJM is retiring obsolete TLS protocol configurations in PJM internet-facing website. As part of this effort, PJM aims to stop supporting TLS 1.0 or TLS 1.1 protocols and certain insecure ciphers,...

PJM Retirement of Obsolete TLS Protocol Configuration

PJM Updates

According to PJM, implemented in 2017, FERC Order 831 required PJM to verify incremental offers greater than $1000. For Fast Start, FERC directed PJM to enhance this process to include the incremental offer plus amortized commitment costs (startup and no-load costs...