PJM discussed the response to the July heatwaves and proposed changes to manual language around how synchronized reserves are deployed during the Operating Committee meeting.

PJM's Markets and Reliability Committee discussed proposed issue charges on generator deactivations and reserve certainty, while the Members Committee endorsed a cost recovery structure for investments to comply with IROL-CIP requirements.

PJM's Planning Committee discussed the recommended load model to be used in the 2023 Reserve Requirement Study (RSS), while the TEAC gave an update on the ongoing third window of its 2022 RTEP and the opening of the 2023 RTEP later this month.

The PJM Markets and Reliability Committee voted to reject manual changes on the synchronized reserve requirement.

NYISO needs to improve shortage pricing and create smaller capacity zones, the ISO’s market monitoring unit reports in its 2022 State of the Market report.

The PJM Market Implementation Committee overwhelmingly voted to endorse manual revisions to put limits on when generators can submit real-time values.