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April 16, 2024

Reserves

© RTO Insider LLC
PJM Monitor Finds Markets Overall Competitive
Average load-weighted electricity prices in PJM fell by around half in 2023, the Independent Market Monitor said in its annual State of the Market Report.
© RTO Insider LLC
Overheard at 10th Annual GCPA MISO-SPP Forum
The Gulf Coast Power Association's 10th annual MISO-SPP Forum centered its focus on the energy transition before a record crowd in New Orleans.
State of Massachusetts
FERC Approves ISO-NE’s Day-Ahead Ancillary Services Initiative
FERC approved ISO-NE’s proposal to create a day-ahead ancillary services market and retire the current Forward Reserve Market, effective March 1, 2025.
PJM
PJM: Grid Performed Well During January Winter Storm
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.
NYISO
NYISO Stakeholders Approve LCRs for Upcoming Capability Year
The final locational minimum installed capacity requirements for NYISO zones G - J for the 2024/25 capability year were approved by stakeholders at the Operating Committee meeting on Jan. 18.
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PJM OC Briefs: Jan. 11, 2024
PJM reviewed comments it is jointly submitting with other RTOs on several proposed changes to EPA regulations during the Operating Committee meeting.
Calpine
ERCOT Faces State’s Insatiable Demand for Energy
ERCOT is focused on dispatchable resources to meet the ever-increasing demand for energy in Texas.
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CAISO Wins (Nearly) Sweeping FERC Approval for EDAM
CAISO marked a key milestone in its Western expansion efforts after FERC approved nearly every aspect of its proposed Extended Day-Ahead Market.
NYISO
NYISO BIC Stakeholders OK Modeling, Market Design
NYISO’s Business issues Committee approved testing of dynamic reserves, changes to the LCR optimizer, and new capacity accreditation rules.  
© RTO Insider LLC
Overheard at the OPSI Annual Meeting
The OPSI annual meeting debated PJM’s recent capacity market filing and whether the RTO needs to consider changes to its energy and reserve markets.  

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