Reserves
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PJM’s Markets and Reliability Committee endorsed a proposal to align the day-ahead energy market commitment cycle with the daily gas nomination deadlines.
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PJM presented its Operating Committee with a set of revisions to Manual 12 regarding fuel assurance requirements for black start resources.
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ERCOT stakeholders plumbed the depths of Robert’s Rules of Order and amended motions before endorsing a rule change that allows the grid operator to manually release contingency reserve service from economically dispatched resources after repeated violations of the system power balance constraint.
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The Reserve Certainty Senior Task Force is considering proposals from PJM and the Independent Market Monitor aimed at improving the performance of reserve resources by increasing electronic signaling and providing more flexibility around reserve procurement targets.
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Average load-weighted electricity prices in PJM fell by around half in 2023, the Independent Market Monitor said in its annual State of the Market Report.
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The Gulf Coast Power Association's 10th annual MISO-SPP Forum centered its focus on the energy transition before a record crowd in New Orleans.
State of Massachusetts
FERC approved ISO-NE’s proposal to create a day-ahead ancillary services market and retire the current Forward Reserve Market, effective March 1, 2025.
PJM
PJM said the grid maintained reliability through nearly a week of harsh winter conditions during the winter storm that blanketed much of the nation in mid-January.
NYISO
The final locational minimum installed capacity requirements for NYISO zones G - J for the 2024/25 capability year were approved by stakeholders at the Operating Committee meeting on Jan. 18.
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PJM reviewed comments it is jointly submitting with other RTOs on several proposed changes to EPA regulations during the Operating Committee meeting.
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