operating reserve demand curve (ORDC)
American Municipal Power said that PJM’s rush to file its energy price formation proposal with FERC leaves the door open for design flaws.
NYISO’s Business Issues Committee approved revisions to the Installed Capacity (ICAP) Manual regarding external to rest of state deliverability rights.
Asked by Texas’ Public Utility Commission to “reinitiate discussions” with stakeholders, ERCOT held a workshop to look at real-time co-optimization.
The PJM Board of Managers agreed to submit staff’s revised energy price formation proposal for FERC approval, CEO Andy Ott said.
Pennsylvania lawmakers must approve nuclear subsidies by May to prevent the retirement of Three Mile Island Unit 1, Exelon CEO Chris Crane said.
PJM stakeholders failed again to reach agreement on energy price formation rules, as a last-ditch effort at compromise fell short in a sector-weighted vote.
ERCOT stakeholders moved to address the Texas grid’s growing pains by tweaking the system’s ancillary service offerings, which predate 2010.
Top utility executives urged PJM’s Board of Managers to act on price formation at its Feb. 12 meeting after stakeholders deadlocked on the issue last week.
PJM members were unable to reach consensus on any of five proposals to improve price formation for energy and reserves Thursday.
Calpine’s modification of PJM’s energy price formation proposal emerged as the first choice members will consider at Thursday’s Markets and Reliability Committee meeting.
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