Ancillary Services
ERCOT is leaving significant amounts of money on the table by not using real-time co-optimization of energy and ancillary services in its market operations.
FERC ordered settlement procedures over Pioneer Trail Wind Farm’s request to recover $826,926 annually to provide reactive supply in MISO.
FERC accepted Great River Energy’s slimmed-down annual revenue requirement for reactive supply and voltage control at eight of its plants.
Calpine and AEP are offering alternatives to plans for complying with FERC Order 842, which requires some generators to provide primary frequency response.
Energy storage resources 100 kW or larger would be eligible to offer capacity, energy and ancillary services under a straw proposal MISO officials presented.
FERC agreed to postpone a technical conference over the frequency regulation market in PJM.
When stakeholders begin considering potential changes to PJM’s demand curve next month, one of the main debates will likely center on whether combustion turbines should remain the reference technology for estimating the cost of new entry be replaced by combined-cycle gas turbines.
MISO said it has concluded that a short-term capacity reserve product would be cost-effective and beneficial to reliability.
The PJM Board of Managers directed staff to identify changes to improve reserve market pricing that can be implemented for next winter.
PJM told Market Implementation Committee meeting attendees that it plans to salvage some of its proposal to revise its regulation market that FERC rejected.
Want more? Advanced Search