The Incremental Auction Senior Task Force was created to focus on reviewing the current PJM RPM Incremental Auction process and structure with specific focus on circumstances where PJM is a capacity seller. This group will review excess capacity sale and Incremental Auction practices and discuss whether modifications are required to the PJM Incremental Auction processes. This task force will report directly to the Markets and Reliability Committee.
A subsequent problem statement involving the potential long-term reliability impacts of speculative behavior as a result of current replacement capacity transaction business rules was approved by the MRC and assigned to the IASTF.