December 2, 2023

Installed Reserve Margin (IRM)

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NY Reliability Council OKs Interconnection Standards for Large IBRs
The New York State Reliability Council OK'd interconnection standards for inverter-based resources larger than 20 MW.  
NY State Reliability Council Executive Committee Briefs: Oct. 13, 2023
The NYSRC Executive Committee approved the modeling assumptions for its 2024/25 installed reserve margin requirement study base case and discussed potential cap-and-invest updates.
PJM PC/TEAC Briefs: Oct. 3, 2023
The Planning Committee endorsed the recommended values in the 2023 Reserve Requirement Study, which would increase the amount of reserves that PJM aims to procure for the 2027/28 delivery year.
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PJM PC/TEAC Briefs: Sept. 5, 2023
PJM brought a quick fix solution before the Planning Committee, seeking to address the frequency and magnitude of load forecast adjustments being requested by electric distribution companies.
PJM Presents Preliminary 2023 Reserve Requirement Study to Stakeholders
The 2023 Reserve Requirement Study, which PJM presented to stakeholders, would lead to an uptick in the targeted reserve procurement level.
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NY State Reliability Council Executive Committee Briefs: May 12, 2023
The N.Y. State Reliability Council Executive Committee indicated its Installed Capacity Subcommittee may increase the amount of 10-minute reserve assumptions.
New York PSC Approves 20% Installed Reserve Margin
The New York PSC approved a slight increase to the amount of reserve resources that load-serving entities must have available for the upcoming capability year.
PJM PC/TEAC Briefs: Oct. 4, 2022
The PJM Planning Committee voted by acclamation to endorse the results of the 2022 Reserve Requirement Study.
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PJM MRC/MC Briefs: Sept. 21, 2022
PJM's MRC rejected two proposals intended to allow market sellers to represent a greater degree of the risk they take on when entering the capacity market.
PJM Planning Committee Briefs: Sept. 6, 2022
The Planning Committee heard updates on PJM's capital budget, the Reserve Requirement Study and an appellate court ruling on transmission cost allocation.

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