Installed Reserve Margin (IRM)

PJM
PJM Presents Preliminary 2023 Reserve Requirement Study to Stakeholders
The 2023 Reserve Requirement Study, which PJM presented to stakeholders, would lead to an uptick in the targeted reserve procurement level.
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NY State Reliability Council Executive Committee Briefs: May 12, 2023
The N.Y. State Reliability Council Executive Committee indicated its Installed Capacity Subcommittee may increase the amount of 10-minute reserve assumptions.
NYISO
New York PSC Approves 20% Installed Reserve Margin
The New York PSC approved a slight increase to the amount of reserve resources that load-serving entities must have available for the upcoming capability year.
PJM
PJM PC/TEAC Briefs: Oct. 4, 2022
The PJM Planning Committee voted by acclamation to endorse the results of the 2022 Reserve Requirement Study.
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PJM MRC/MC Briefs: Sept. 21, 2022
PJM's MRC rejected two proposals intended to allow market sellers to represent a greater degree of the risk they take on when entering the capacity market.
PJM
PJM Planning Committee Briefs: Sept. 6, 2022
The Planning Committee heard updates on PJM's capital budget, the Reserve Requirement Study and an appellate court ruling on transmission cost allocation.
PJM
PJM MRC/MC Preview: Nov. 17, 2021
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability Committee and Members Committee meetings on Nov. 17, 2021.
PJM MRC/MC Preview: Oct. 20, 2021
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability Committee and Members Committee meetings on Oct. 20, 2021.
Transource
PJM PC/TEAC Briefs: Oct. 5, 2021
PJM received 79 proposals addressing both the onshore and offshore demands of N.J.’s ambitious OSW program as part of the RTO’s “state agreement approach."
PJM
PJM PC/TEAC Briefs: Aug. 31, 2021
PJM is recommending using an installed reserve margin of 14.6%, slightly up from 14.4% required in 2020.

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