Intermediate Term Security Constrained Economic Dispatch (IT SCED)
Among other issues, PJM presented a quick fix proposal to address instances in which offline generators are committed as secondary reserves and granted lost opportunity cost credits.
PJM's Operating Committee heard proposals on improving the dispatch of renewables, changes to max emergency status and a new cold weather advisory.
A round-up of news from the PJM Market Implementation Committeee on Jan. 8, 2015.
Gas generators will be able to change their cost schedules to reflect fluctuating fuel prices, under a proposal approved by the PJM OC last week.
Our summary of issues discussed and voted on at the PJM MRC and MC on Thursday, 6/26/14 with no surprises or lengthy debate.
The scheduling tool that would be used to optimize power trading between PJM and NYISO is accurate within $5/MWh more than two-thirds of the time, according to a new analysis provided to members last week.
The MIC gave preliminary approval to a new coordinated transaction scheduling (cts) product intended to reduce uneconomic power flows between PJM and NYISO.
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