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July 27, 2024

Reserves

PJM
PJM MRC/MC Preview: July 24, 2024
The PJM Markets and Reliability Committee will consider proposed revisions to Manual 12 and Manual 13, along with several other agenda items.
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PJM MIC Briefs: July 10, 2024
PJM’s Market Implementation Committee endorsed by acclamation a proposal to revise two financial inputs to the quadrennial review to reflect changing market conditions, particularly increased interest rates.
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MISO Monitor Spotlights Congestion Fixes, Market Mismatches in 2023
MISO’s Independent Market Monitor debuted six new market recommendations this year as part of his annual State of the Market report.
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PJM MRC/MC Briefs: June 27, 2024
PJM’s Markets and Reliability Committee endorsed a proposal to align the day-ahead energy market commitment cycle with the daily gas nomination deadlines.
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PJM OC Briefs: June 6, 2024

PJM presented its Operating Committee with a set of revisions to Manual 12 regarding fuel assurance requirements for black start resources.

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ERCOT Technical Advisory Committee Briefs: May 22, 2024
ERCOT stakeholders plumbed the depths of Robert’s Rules of Order and amended motions before endorsing a rule change that allows the grid operator to manually release contingency reserve service from economically dispatched resources after repeated violations of the system power balance constraint. 
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PJM, Monitor Seek to Revise Reserve Requirements and Dispatching
The Reserve Certainty Senior Task Force is considering proposals from PJM and the Independent Market Monitor aimed at improving the performance of reserve resources by increasing electronic signaling and providing more flexibility around reserve procurement targets.
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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.
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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.

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