effective load-carrying capability (ELCC)
PJM's Planning Committee discussed the recommended load model to be used in the 2023 Reserve Requirement Study (RSS), while the TEAC gave an update on the ongoing third window of its 2022 RTEP and the opening of the 2023 RTEP later this month.
SPP staff and stakeholders spent much of last week’s virtual Markets and Operations Policy Committee meeting discussing resource adequacy.
State advocates would like to see more details when supplemental transmission projects are proposed to the Transmission Expansion Advisory Committee.
FERC conditionally approved a PJM proposal to revise its approach to accrediting intermittent and hybrid resources under its ELCC model.
PJM presented a preliminary proposal to overhaul its capacity market to the Resource Adequacy Senior Task Force.
FERC rejected SPP’s capacity accreditation methodology for wind and solar resources and granted a rehearing request of its prior approval.
Michael Surran, CC BY-SA 2.0, via Wikimedia Commons
PJM members’ vote to limit resources’ capacity interconnection rights is not likely to end the dispute over how the RTO accredits intermittent resources.
PJM’s Markets and Reliability Committee and Members Committee endorsed a proposal to change the RTO’s accreditation methodology for intermittent resources.
PJM's Planning Committee endorsed a proposed solution for capacity accreditation of intermittent resources under the effective load-carrying capability process.
PJM's first order of business in 2023 will be a review of the “indicative” 2024/25 capacity auction results following concerns of artificially inflated prices.
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