Performance Penalties
FERC ruled that MISO can apply new settlement practices to generators physically disconnected from the grid during extensive transmission outages triggered by extreme events.
The PJM Markets and Reliability Committee voted to reject manual changes on the synchronized reserve requirement.
FERC OK'd settlement judge procedures to resolve complaints that generators filed against PJM’s assessment of penalties for underperformance in December 2022.
PJM says if FERC heeds Capacity Performance charge complaints stemming from storm power outages, it will undermine key aspects of reliability.
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