Installed Reserve Margin (IRM)
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.
NYISO wants to align studies for setting statewide installed reserve margin with those setting locational minimum installed capacity requirements.
The Markets and Reliability Committee endorsed revisions to PJM’s rules for liquidating defaulted financial transmission rights positions.
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability and Members committees on Oct. 29, 2020.
PJM stakeholders endorsed an installed reserve margin of 14.4%, down from 14.8% in 2019, along with new winter weekly reserve targets.
PJM stakeholders endorsed expanding the use of synchrophasors and making them a requirement for certain projects under the RTEP.
The PJM Planning and Transmission Expansion Advisory committees discussed the proposed installed reserve margin for 2021/22.
PJM weekday load peaks have come in 10.4% less than than projected before the coronavirus pandemic, the Planning Committee learned.
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