Installed Reserve Margin (IRM)
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PJM
The PJM Markets and Reliability Committee will consider proposed revisions to Manual 12 and Manual 13, along with several other agenda items.
NYSRC
The New York State Reliability Council’s mathematical model for calculating the state’s installed reserve margin every year will need to be updated as more offshore wind and major transmission lines come online, NYISO told stakeholders.
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The PJM MRC rejected four proposals to rework how the RTO measures and verifies the capacity EE providers can offer into the market.
PJM
Below is a summary of the agenda items scheduled to be brought to a vote at the PJM Markets and Reliability Committee and Members Committee meetings March 20.
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PJM's Planning Committee endorsed revised values for the installed reserve margin and forecast pool requirement used to calculate capacity procurement targets in the 2025/26 Base Residual Auction.
NYISO
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.
NYISO
The ISO's New Capacity Zone study indicates that New York's six highway interfaces have sufficient transmission capacity, making establishment of new capacity zones unnecessary.
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After four rounds of voting, the New York State Reliability Council Executive Committee approved a 22% IRM for 2024/25, up from 20% for the previous year.
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The New York State Reliability Council OK'd interconnection standards for inverter-based resources larger than 20 MW.
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