price-responsive demand (PRD)
PJM staff and stakeholders kicked off the Markets and Reliability Committee meeting with an homage to Denise Foster on her last day with the organization.
An August energy emergency alert that had SPP one contingency away from shedding load has renewed calls for scarcity pricing to ensure adequate reserves.
The New England Power Pool Markets Committee voted to amend Market Rule 1 to limit the retention of resources for fuel security to a two-year maximum.
FERC rejected a PJM proposal to reduce load-serving entities’ savings from price-responsive demand programs.
Stakeholders endorsed revisions that would align PJM’s price-responsive demand rules with the Capacity Performance construct.
The PJM Markets and Reliability and Members committees agreed to fast-track a proposal on demand response.
Most RTOs say they are ready for winter but the possibility of fuel shortages during an extended cold spell is keeping ISO-NE officials up at night.
ISO-NE has become the first U.S. grid operator to put active demand response into its energy dispatch along with generating resources.
PJM staff unveiled their proposal on price formation at last week’s Markets and Reliability Committee meeting.
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability and Members committees on Dec. 7, 2017.
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