November 2, 2024

Reserves

© RTO Insider LLC
CAISO Wins (Nearly) Sweeping FERC Approval for EDAM
CAISO marked a key milestone in its Western expansion efforts after FERC approved nearly every aspect of its proposed Extended Day-Ahead Market.
NYISO
NYISO BIC Stakeholders OK Modeling, Market Design
NYISO’s Business issues Committee approved testing of dynamic reserves, changes to the LCR optimizer, and new capacity accreditation rules.  
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Overheard at the OPSI Annual Meeting
The OPSI annual meeting debated PJM’s recent capacity market filing and whether the RTO needs to consider changes to its energy and reserve markets.  
MISO
MISO: Possibility of Winter Emergency in January
In keeping with its winter estimates from previous years, MISO said it could run into trouble in January should it experience high load or high outages.
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PJM OC Briefs: Oct. 5, 2023
PJM reported that synchronized reserve resource operators have reported several reasons for shortfalls in their response rates,  including operating under a ruleset FERC rejected last year.
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ERCOT Searching for 3 GW of Winter Capacity
ERCOT surprised market participants with an announcement that it plans to increase operating reserves by requesting an additional 3,000 MW of capacity to shore up the grid for the upcoming winter.
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PJM MRC/MC Briefs: Sept. 20, 2023
PJM's Markets and Reliability Committee endorsed issue charges, opening stakeholder discussions on generator deactivation timelines and a potential overhaul of the reserve markets during its Sept. 20 meeting.
NOAA
‘Challenging’ Grid Conditions Led to CAISO’s Summer Emergency Alerts

CAISO’s issuance of energy emergency watches and alerts in July came under conditions that mirrored those during California’s September 2022 heatwave.

 
PJM
PJM MRC/MC Preview: Sept. 20, 2023
PJM's Markets and Reliability Committee and Members Committee will convene Sept. 20, with endorsement of revised peak market activity rules and issue charges related to generator deactivation rules and reserve certainty on the agenda.
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PJM PC/TEAC Briefs: Sept. 5, 2023
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.

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