November 2, 2024

operating reserve demand curve (ORDC)

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PJM Releases Phase 2 of Energy Transition Study
PJM highlighted the release of the second phase of its multiyear study to examine the impacts of a system with more renewable energy at its Annual Meeting.
PJM
PJM MIC Briefs: March 9, 2022
PJM presented an updated proposal addressing start-up cost offer development to the MIC after being sent back to a subcommittee for more work.
ERCOT
ERCOT Board of Directors Briefs: March 7-8, 2022
ERCOT’s Board of Directors left the ISO's top stakeholder committee in limbo this week as it continues to debate governance and stakeholder coordination.
PJM
FERC Clarifies Order on PJM Reserve Market Changes
FERC clarified that its order on remand partially reversing PJM’s proposed energy price formation revisions did not remove the RTO’s reserve price caps.
© RTO Insider LLC
ERCOT Technical Advisory Committee Briefs: Jan. 31, 2022
ERCOT market participants again expressed their concerns with potential changes to the stakeholder process following discussions during board meetings.
PJM
FERC Reverses Itself on PJM Reserve Market Changes
PJM's upcoming 2023/24 BRA is set to be delayed again after FERC partially reversed its 2020 decision on the RTO’s energy price formation revisions.
Missouri State Representative Jim Murphy
MISO Raises ORDC’s Lowest Level to $1,100/MWh
MISO will jettison the most inexpensive step of its operating reserve demand curve, explaining that $200/MWh pricing is too low during shortage conditions.
Texas PUC
PUC Narrows Options for ERCOT Market Redesign
Texas regulators have settled on a two-phase blueprint to redesign the ERCOT market and have given stakeholders until Friday to comment on their proposals.
The Brattle Group
Texas PUC Pushes 44% Reduction in ERCOT Offer Cap
Texas regulators have reached consensus on lowering ERCOT's high systemwide offer cap to $5,000/MWh from $9,000/MWh, a 44% reduction.
PJM
PJM MRC Briefs: Sept. 29, 2021
The PJM MRC and MC approved several initiatives at their meetings, including a new task force to examine the alignment of the gas and electric markets.

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