load forecasting
PJM presented its 2024 summer study to the Operating Committee, saying preliminary figures show the region has adequate reserves to maintain reliability even as reserve margins tighten relative to recent years.
The PJM Markets and Reliability Committee delayed voting on a proposal to establish a multi-scenario long-term transmission planning process to allow stakeholders to see what action FERC may take on regional planning.
SERC said in its Long-Term Reliability Assessment that continued active collaboration with registered entities and other stakeholders is needed to address growing reliability concerns.
PJM’s preliminary load forecast for 2024 sees higher growth for both summer and winter, driven by EVs, data centers and state incentivizes for heat pumps.
ISO-NE presented the final stage of its Operational Impact of Extreme Weather Events study to stakeholders at the NEPOOL Reliability Committee on Nov. 14.
A summary of the agenda items scheduled to be brought to a vote at the PJM Markets and Reliability Committee and Members Committee meetings.
PJM's Operating Committee recommended high winter weekly reserve target values due to the inclusion of data from December 2022’s Winter Storm Elliott.
PJM brought a quick fix solution before the Planning Committee, seeking to address the frequency and magnitude of load forecast adjustments being requested by electric distribution companies.
CAISO asked FERC to approve the rules for its EDAM and revisions to its existing day-ahead market, intended to more accurately forecast load.
PJM stakeholders approved a load model for the 2023 reserve requirement study during the Planning Committee's Aug. 8 meeting.
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