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Home » PJM MIC Briefs: Jan. 8, 2020
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PJM

PJM MIC Briefs: Jan. 8, 2020

Synchronized Reserve Calculation Error

Jan 12, 2020
Capacity Market / Energy Market / PJM Market Implementation Committee (MIC) / Energy Storage
VALLEY FORGE, Pa. — PJM’s Independent Market Monitor said Wednesday that recently approved maintenance adders to the synchronized reserve calculation allow resources to withhold from the reserve market and increase offers above competitive levels. To remedy this, the IMM’s Catherine Tyler told the MIC to set the synchronized reserve operations...

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