Winter Storm Elliott
PJM presented its Operating Committee with a set of revisions to Manual 12 regarding fuel assurance requirements for black start resources.
The North American electric and natural gas systems survived this year’s Arctic storms with no major incidents, demonstrating significant progress from the performance issues in previous severe winter events.
ISOs and RTOs should take a more prominent role in expanding gas networks, gas and electricity industry representatives emphasized at a webinar.
PJM said the grid maintained reliability through nearly a week of harsh winter conditions during the winter storm that blanketed much of the nation in mid-January.
PJM and stakeholders spent much of 2023 debating how to position the RTO's markets to be prepared for future severe weather and maintain the balance between retiring fossil generation and renewable development.
FERC approved a settlement between PJM and 81 parties to reduce the $1.8 billion in penalties assessed against generators that underperformed during Winter Storm Elliott.
FERC's latest enforcement report detailed one closed investigation into manipulation during Winter Storm Uri, but other nonpublic probes continue.
NERC's Winter Reliability Assessment found large portions of the electric grid at risk of energy shortfalls this winter.
In their final report on Winter Storm Elliott, FERC and NERC said congressional action on natural gas reliability is needed.
PJM's Operating Committee recommended high winter weekly reserve target values due to the inclusion of data from December 2022’s Winter Storm Elliott.
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