forecast pool requirement (FPR)
PJM's MRC rejected two proposals intended to allow market sellers to represent a greater degree of the risk they take on when entering the capacity market.
The Planning Committee heard updates on PJM's capital budget, the Reserve Requirement Study and an appellate court ruling on transmission cost allocation.
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability Committee and Members Committee meetings on Oct. 20, 2021.
PJM received 79 proposals addressing both the onshore and offshore demands of N.J.’s ambitious OSW program as part of the RTO’s “state agreement approach."
PJM is recommending using an installed reserve margin of 14.6%, slightly up from 14.4% required in 2020.
PJM stakeholders endorsed an installed reserve margin of 14.4%, down from 14.8% in 2019, along with new winter weekly reserve targets.
The PJM Planning and Transmission Expansion Advisory committees discussed the proposed installed reserve margin for 2021/22.
PJM weekday load peaks have come in 10.4% less than than projected before the coronavirus pandemic, the Planning Committee learned.
PJM’s Planning Committee deferred voting on a proposal regarding critical infrastructure mitigation projects for a webinar planned to discuss transparency.
PJM's MRC heard about the ongoing search for a new CEO and debated dueling proposals from the RTO and Enel X to update load management testing requirements.
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