Installed Reserve Margin (IRM)
The PJM Planning Committee voted by acclamation to endorse the results of the 2022 Reserve Requirement Study.
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.
The Planning Committee heard updates on PJM's capital budget, the Reserve Requirement Study and an appellate court ruling on transmission cost allocation.
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.
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.
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 is recommending using an installed reserve margin of 14.6%, slightly up from 14.4% required in 2020.
NYISO's Market Monitoring Unit presented its 2020 State of the Market Report, urging market enhancements to support flexible resources.
Stakeholders endorsed PJM’s proposal for changes to the pro forma interconnection construction service agreement.
The NYPSC approved South Fork Wind project’s application to lay 7.5 miles of export cable from the federal waters boundary to a substation in East Hampton.
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