Committees & Groups

Issue Details

Regulation Market Design

Work is to address regulation market design flaws and potential enhancements including regulation signal design, regulation performance scoring, regulation requirement, regulation market clearing and regulation market settlement.

Proposed Timeline

Issue initiated: 12.15.2021
Work begins: 3.22.2022
Target Completion: 6.30.2023
Actual Completion: 11.2.2023

Issue Details

Stakeholder Body Regulation Market Design Senior Task Force
Facilitator Herman, Michael
Subject Matter Expert Hu, Yong
MRC Approval Date 12.20.2023
MC Approval Date 1.24.2024
Problem Statement/
Issue Charge First Read
11.17.2021
Issue Catalyst PJM & IMM
Issue Status Awaiting Implementation & FERC Approval
Manual Changes No
Agreement Changes Operating Agreement
  • Stakeholder Process Step

  • Completed Approved
  • Completed Education
  • Completed Interest
  • Completed Design
  • Completed Options
  • Completed Packages
  • Completed Consensus
  • Completed Review
  • Completed Completed