The NYISO Management Committee approved proposed Tariff changes to define the role of inverter-based energy storage in providing synchronized reserves.

NYISO year-to-date monthly energy prices averaged $35.34/MWh in September, a 3% increase from a year earlier.

A round-up of news from the PJM Market Implementation Committee on Nov. 7, 2014.

The MRC approved new rules allowing PJM to increase reserve requirements in emergencies, while a companion measure to limit interchange during emergencies fell short.

The PJM MRC heard first read Thursday on proposed rule changes to day-ahead resource commitment and scheduling reserve requirements.

A round-up of news from the PJM Market Implementation Committee on Sept. 3, 2014.

PJM last week proposed eliminating some generators from the calculation of Tier 1 synchronized reserves.

PJM Stakeholders endorsed rule changes to clarify that generation owners providing Tier 2 synchronized reserves will be measured in the aggregate when PJM evaluates their performance under a new penalty structure.

PJM members voted to begin work on rule changes to allow residential customers to participate in the synchronized reserve market through demand response.

PJM members will consider relaxing metering requirements to make it more practical for residential customers to offer demand response into the synchronous reserve market under a problem statement approved Friday.