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November 24, 2024
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Monitor Sees Problems with PJM Reserve Pricing Plan
Jan 15, 2019
Independent Market Monitor Joe Bowring said PJM’s proposed revisions to how it prices reserves necessitates changes in the capacity market.
Capacity MarketEnergy MarketOperating ReservesPJM Other Committees & TaskforcesResources
Keywordscost of new entry (CONE)Energy Price Formation Senior Task Force (EPFSTF)Joe BowringMarket Monitoroperating reserve demand curve (ORDC)PJM Interconnection LLC (PJM)reserve pricingvariable resource requirement (VRR) curve
Rich Heidorn Jr.
FERC Demand Response Standards Leave Industrials, Bowring Unhappy
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