1. PJM Outlines Aggregation Rules for Upcoming Capacity Auction

    PJM Outlines Aggregation Rules for Upcoming Capacity Auction

    VALLEY FORGE — PJM staff on Friday detailed how the new rules for aggregating seasonal resources will be implemented in May’s Base Residual Auction, the first requiring all resources meet tougher Capacity Performance standards. FERC staff tentatively approved PJM’s aggregation proposal March 21, allowing the RTO to relax current rules prohibiting seasonal resources from aggregating across locational deliverability areas (LDA). PJM’s plan also creates additional winter capacity interconnection rights (CIRs) and modifies rules for measuring demand response performance in the winter. (See FERC Staff OKs PJM Aggregation, DR Rules; Refunds Possible.)

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