Developments in the PJM Market

McDermott continues to interact with industry leaders to provide the latest market updates in the energy industry.

SPECIAL GUEST THIS WEEK

On Thursday, June 18, McDermott Partners Neil Levy and David Tewksbury will host Paul Sotkiewicz, current president and founder of E-Cubed Policy Associates and former chief economist at PJM Interconnection, for an in-depth discussion about recent developments impacting the Pennsylvania-New Jersey-Maryland (PJM) market.

During this 30-minute, complimentary webinar, we will discuss:

• Issues surrounding PJM’s Minimum Offer Price Rule (MOPR) – How will it affect market outcomes, is it sustainable, and what is the status of the compliance and review proceedings?
• PJM’s Fixed Resource Requirement (“FRR”) Alternative – Will states use the FRR Alternative to avoid the expanded MOPR, and what will that mean for the PJM capacity market and consumers?
• PJM’s operating reserves reforms and associated changes to the capacity market demand curve.
• Timing surrounding PJM’s Base Residual Auctions (BRA) – In light of all these developments, when will we see the next BRA?
• Other potential modifications to the PJM markets.