PJM Operating Committee (OC)
PJM's Operating Committee recommended high winter weekly reserve target values due to the inclusion of data from December 2022’s Winter Storm Elliott.
PJM reported that synchronized reserve resource operators have reported several reasons for shortfalls in their response rates, including operating under a ruleset FERC rejected last year.
PJM's Operating Committee delayed a vote on manual revisions aimed at reducing the circumstances under which the RTO would provide advance notice of when it will be sharing confidential member information with third parties.
PJM discussed the response to the July heatwaves and proposed changes to manual language around how synchronized reserves are deployed during the Operating Committee meeting.
The PJM Operating Committee discussed the roadmap for a slate of manual revisions related to its interconnection queue overhaul, with the next step being endorsement at the MRC.
The OC endorsed a joint proposal for PJM, transmission owners and market participants to increase information sharing ahead of extended transmission outages.
The RTO has doubled its synchronized reserve requirement to account for diminished performance since the implementation of the reserve market overhaul.
PJM briefed stakeholders on issues that contributed to insufficient natural gas supplies during Winter Storm Elliott, which prevented some units from running.
The OC approved a proposal to allow for cost recovery for facilities determined critical for interconnection reliability operating limits under NERC standards.
PJM and its IMM gave first reads of their proposals exploring whether generators should be permitted to recover upgrade costs for some critical facilities.
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