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November 24, 2024

30-minute reserve product

© RTO Insider LLC
PJM MRC Briefs: July 24, 2024
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.
PJM
FERC Clarifies Order on PJM Reserve Market Changes
FERC clarified that its order on remand partially reversing PJM’s proposed energy price formation revisions did not remove the RTO’s reserve price caps.
MISO Prototyping Short-term Reserve Product
MISO will prototype its proposed short-term reserve product to demonstrate cost and benefits to its members.
PJM Operating Committee Briefs: July 10, 2018
PJM faced several high load forecasts and hot weather alerts last month but never had to take emergency procedures, the Operating Committee learned.
PJM
PJM Board Seeks Reserve Pricing Changes for Winter
The PJM Board of Managers directed staff to identify changes to improve reserve market pricing that can be implemented for next winter.
© RTO Insider
PJM Operating Committee Briefs: March 6, 2018
PJM will hold its spring restoration drill May 15-16, staff told attendees at last week’s Operating Committee meeting.
MISO Researching 30-Minute Reserves, Multiday Commitments
MISO’s market planners outlined a potential 30-minute reserve product to reduce uplift and multiday generator commitments to cut production costs.

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