PJM MRC Briefs: July 24, 2024

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July 30, 2024

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PJM MRC Briefs: July 24, 2024

Adam Keech, PJM

Adam Keech, PJM | © RTO Insider LLC

Jul 29, 2024 | Devin Leith-Yessian

The PJM MRC endorsed one of two proposals to revise how the RTO uses reserve resources, approving a deployment scheme where instructions are sent by basepoints, while rejecting a parallel proposal to grant operators the ability to dynamically increase market procurements.

Capacity Market Demand Response Energy Market Natural Gas PJM Markets and Reliability Committee (MRC)PJM Members Committee (MC)Reserves

Keywords30-minute reserve product cost of new entry (CONE)Deactivation Enhancements Senior Task Force (DESTF)Demand Response (DR)E-Cubed Policy Associates effective load-carrying capability (ELCC)forecast pool requirement (FPR)GT Power Group Illinois Citizens Utility Board (CUB)Installed Reserve Margin (IRM)know your customer market clearing engine Maryland Office of People's Counsel Multi-schedule modeling PJM Interconnection LLC (PJM)PJM Markets and Reliability Committee PJM Members Committee primary reserves reserve requirement study (RRS)synchronized reserves The Brattle Group

Devin Leith-Yessian

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