PJM

PJM Lowers Incremental Energy Offer Price Cap Effective April 12, PJM will reduce the incremental energy offer price cap in Markets Gateway to $1,000/MWh (from $2,000/MWh). This is in response to FERC Order 831, and will impact both daily and hourly offers for all...

5 Minute LMP Data Availability Please see notes from the PJM Tech Change Forum below for more information • Based on member requests, the following data will be available beginning March 6 for testing purposes for the operating day of March 5 – Five Minute Real-Time...

April 1st is the Go Live date for 5 minute settlements. To ensure our clients are ready we have been closely monitoring the PJM. Here is the latest and greatest of what you need to know. 5-Minute Settlements: The following MSRS reports containing static test data for...

Over the past two months PJM has held training sessions to get participants ready for 5 min. settlements. Currently, DA and balancing market, as well as, MSRS reports are out in the training environment for testing. Load response, ancillary services reports, and...

PJM in compliance with FERC order 831 will be implementing offer verification changes to ensure that a resource’s cost-based incremental energy offer reasonably reflects that resource’s actual or expected costs. Offer caps will include: Validation of cost of...

PJM has been having discussions with stakeholders around FTRs. A Financial Transmission Right (FTR) is a financial instrument that entitles the holder to receive compensation for Transmission Congestion Charges that arise in the Day-ahead Market. Each FTR is defined...

PJM is publishing a duplicated Hour 1 in the Non-Synch Reserve Load Reconciliation Charge Summary files for September 9/6/2017. This duplicate prevents market link jobs from completing successfully as it throws a duplicate key violation error. Adapt2 has reached out...

For all you Game of Throwns fans we know that winter is coming. Along with this colder season, PJM is going to be making some changes that will greatly impact market participants. Tomorrow PJM will inform the Federal Energy Regulatory Commission of its intention to...

PJM Participants: Sub Hourly Settlements are coming soon! Adapt2 has been busy getting ready for Market Trials. Below are a few notes in case you missed the PJM Settlements Call Today: PJM will be offering 5 min settlements training December 8th & January 8th Sign up...