Independent Market Monitor (IMM)
MISO’s quarterly public meetup with its board of directors put on display the unrelenting rift between the RTO’s planners and the Independent Market Monitor over MISO’s $21 billion in long-range transmission planning.
A PJM discussion on expanding the demand response winter availability window to include a wider range of hours branched off into a broader conversation on how the resource class participates in the RTO's capacity market.
MISO said its second, mostly 765-kV long-range transmission plan will provide the Midwest region with at least a 1.9:1 benefit-cost ratio, a metric that was greeted with skepticism by Independent Market Monitor David Patton.
The Independent Market Monitor has argued energy efficiency can’t participate as a capacity resource because the load reductions already are accounted for in PJM’s load forecast.
The Reserve Certainty Senior Task Force is voting on a PJM proposal to add hourly differentiated notification times to the RTO’s day-ahead energy market.
Consumers and electric distributors in PJM opposed a proposal to revise two financial parameters used to calculate the cost of new entry input to the 2027/28 Base Residual Auction.
The PJM Markets and Reliability Committee voted to eliminate energy efficiency from the capacity construct, adopting a proposal from the Monitor.
The Market Implementation Committee endorsed a PJM proposal to revise how the capacity offered by energy efficiency resources is measured and verified, rejecting competing proposals from EE providers and the Monitor.
MISO’s $25 billion, mostly 765-kV long-range transmission package for the Midwest region is nearing finalization, while the Independent Market Monitor continues to doubt the necessity of the projects.
PJM stakeholders presented several proposals to revise how energy efficiency resources are measured and verified to the Market Implementation Committee.
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