PJM filed at FERC tariff changes proposing to align the existing Price Responsive Demand (“PRD”) rules with the Capacity Performance construct.

More particularly, the filing is designed to (1) require PRD to reduce load on an annual basis - comparable to all other Capacity Performance resources (2) amend the trigger for when Non-Performance Charges would be assessed, (3) update the PRD Non-Performance Charge rates and methodology and make PRD eligible to receive bonus performance payments, and (4) apply the existing Capacity Performance credit rate to PRD. These changes are appropriate because the existing PRD rules do not conform with Capacity Performance requirements despite PRD participating in PJM’s Reliability Pricing Model where other resources must meet Capacity Performance requirements

See PJM's filing for more details

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