load forecast error
PJM’s forecasting of hourly peak loads continued to improve in November, with an error rate of just 1.17%, staff told the RTO’s Operating Committee.
The PJM Independent Market Monitor found that modeling issues were the largest cause of synchronized reserve underperformance during a July 22 spin event, in which about 80% of assigned reserves responded.
The Operating Committee endorsed revisions to Manual 13: Emergency Operations to add protocols for PJM and transmission owners to monitor and coordinate necessary actions when wildfires may disrupt infrastructure.
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