Energy Efficiency
PJM wasn’t the only place the winter 2013-14 made its mark in the record books. MISO, the Southwest Power Pool and NYISO all hit all-time winter peaks during January’s polar vortex, while ISO New England came up just short.
In its State of the Market report for 2013, the Market Monitor listed several high-priority tasks for the coming year.
The PJM 2013 State of the Market was, to quote that noted economist Yogi Berra, mostly “déjà vu all over again.”
PJM’s plan to implement new demand response rules in time for the May capacity auction are in doubt following a FERC order requiring the RTO to provide more information to support its proposal.
PJM members voted to begin work on rule changes to allow residential customers to participate in the synchronized reserve market through demand response.
PJM said it will change Manual 11’s rules regarding compensation for demand response despite a lack of stakeholder support.
In a highly unusual move, PJM members Thursday balked at endorsing proposed manual changes governing when Economic demand response qualifies for payment.
PJM members will consider relaxing metering requirements to make it more practical for residential customers to offer demand response into the synchronous reserve market under a problem statement approved Friday.
PJM members endorsed rules describing when economic demand response is eligible for compensation, over the objections of some demand response providers, who said they are unfair.
PJM’s Market Monitor told FERC hat rule changes approved by PJM stakeholders to increase the flexibility of demand response are insufficient and that the commission should impose a must-offer requirement similar to that for generation resources.
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