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By Rich Heidorn Jr. Washington, DC (March 14, 2013) - Market Monitor Joseph Bowring released the 2012 State of the Markets report with a call for changes to the capacity market, demand response and operating reserves. 2012 State of the Markets at a Glance The report showed that average LMP prices...
PJM members may consider changing the rules of the PJM capacity market to eliminate arbitrage opportunities between the Base Residual and Incremental auctions. The Market Implementation Committee voted March 6 to endorse a problem statement, sponsored by David Pratzon on behalf of Calpine and LS Power, to consider changes. Because...
Demand response (DR) providers will face increased scrutiny and be required to provide additional documentation under changes approved by the Market Implementation Committee March 6. The new rules require Curtailment Service Providers (CSPs) bidding into the capacity auction to have a company officer sign a certification attesting to the company’s...
On Feb. 28, the MRC endorsed demand response proposals concerning emergency measurement, information requirements for Curtailment Service Providers (CSP) and procedures for resolving duplicate registrations. The changes were proposed by the Demand Response Subcommittee. Emergency Measurement and Verification Reason for change: A study by Kema Energy Consultants found that that...
By Rich Heidorn Jr. PJM Insider WASHINGTON, D.C. (Feb. 22, 2013) – The Federal Energy Regulatory Commission yesterday enacted new standards for measuring demand response and energy efficiency in PJM and other organized markets, rejecting objections from industrial customers who said the rules will hurt their efforts to participate. PJM...
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