Reserves
PJM’s forecasting of hourly peak loads continued to improve in November, with an error rate of just 1.17%, staff told the RTO’s Operating Committee.
Among other issues, PJM presented a quick fix proposal to address instances in which offline generators are committed as secondary reserves and granted lost opportunity cost credits.
Higher prices under Ontario’s renewed market are causing heartburn for mines and greenhouse growers, stakeholders told IESO.
IESO proposed rule changes to eliminate unwarranted make-whole payments to operating reserve providers under Ontario’s nearly eight-month-old Market Renewal Program.
After more than six months of operations under its Market Renewal Program, IESO is implementing “non-substantive” rule changes it says will improve clarity and alignment.
MISO said even a 109-GW peak this winter shouldn’t prove problematic, though a more probable scenario would deliver a 103-GW peak in January.
Panelists at S&P Global’s Nodal Trader Conference discussed the impact of demand growth and uncertain load forecasts on markets.
ERCOT can ensure long-term reliability with its energy-only market, but it must operate its grid less conservatively for that to happen, said Potomac Economics President David Patton.
Capacity auction reforms, a new asset condition reviewer role, parallel transmission planning efforts, new reserve products, Pay-for-Performance changes and interconnection modifications are likely to be on the docket for ISO-NE in 2026.
As NYISO continues its Capacity Market Structure Review, the Market Monitoring Unit used its second-quarter State of the Market report to highlight potential issues with how the ISO forecasts resource availability.
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