Regulation Market Issues Senior Task Force Monitoring Analytics, the independent market monitor for PJM, has observed market and operational issues in the Regulation Market associated with the definition and application of the marginal benefit factor in the Regulation Market construct. The Regulation Market Issues Senior Task Force was formed to evaluate the application of the marginal benefit factor in pricing and settlement in the Regulation Market. This senior task force will analyze alternatives to the current definition and application of the marginal benefit factor in the Regulation Market, and explore solutions to the market and operational issues associated with the current definition and application of the marginal benefit factor in the Regulation Market construct. The RMISTF reports to the Markets and Reliability Committee. Facilitator: David Anders Secretary: Sheila Volinsky Roster PDF Date Charter PDF 11.2.2015 Supporting Documentation Date KEMA Regulation Study 2011 PDF 10.2.2017 RTS Curve Points Updated XLS 2.10.2017 Implementation & Rationale for PJM’s Conditional Neutrality Regulation Signals (Regulation Market Whitepaper) PDF 2.3.2017 Performance Scoring Design Component PDF 2.2.2017