load forecasting
The Operating Committee discussed PJM’s timeline for addressing technological and operational challenges the RTO plans to address over the next four years.
June brought a 2-GW lower peak than anticipated and unchanged real-time and fuel prices from last year, MISO said in a monthly operations report.
Members of MISO’s Advisory Committee emphasized that all players in the footprint need to act swiftly to position themselves for “hyperscale” load growth and the EPA’s new carbon rule.
The Markets and Reliability Committee will vote on whether to endorse proposed revisions to Manual 18 to reflect redesigns drafted through the Critical Issue Fast Path process.
PJM should adopt a more proactive transmission planning process to deal with the changing resource mix and growing demand on its system in the coming 15 years, according to a report by Americans for a Clean Energy Grid.
Here's a look at the agenda items scheduled to be brought to a vote at the PJM Markets and Reliability Committee and Members Committee meetings on May 22, 2024.
PJM presented its 2024 summer study to the Operating Committee, saying preliminary figures show the region has adequate reserves to maintain reliability even as reserve margins tighten relative to recent years.
The PJM Markets and Reliability Committee delayed voting on a proposal to establish a multi-scenario long-term transmission planning process to allow stakeholders to see what action FERC may take on regional planning.
SERC said in its Long-Term Reliability Assessment that continued active collaboration with registered entities and other stakeholders is needed to address growing reliability concerns.
PJM’s preliminary load forecast for 2024 sees higher growth for both summer and winter, driven by EVs, data centers and state incentivizes for heat pumps.
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