PJM presented the Markets and Reliability Committee with a first read on a proposal to establish penalties for load management and price-responsive demand resources that do not perform during pre-emergency events

The PJM Market Implementation Committee endorsed an RTO proposal to establish penalties for load management and price-responsive demand resources that underperform during pre-emergency deployments.

While PJM experienced some of its highest peak loads ever during the late January winter storm, it overestimated load, with relatively high load forecasting errors, RTO officials told the Operating Committee.