price-responsive demand (PRD)
Stakeholders at PJM's MIC meeting challenged the use of the “quick fix process” and endorsed a proposed package addressing PRD credits.
PJM's Markets and Reliability and Members Committees met to discuss market rules, tariff revisions and elect several new members.
The PJM MIC endorsed the sunsetting of a longstanding subcommittee on intermittent resources and accepted the charter of a new committee.
The PJM MIC endorsed an initiative to update the RTO’s business rules to accommodate co-located generation and energy storage hybrid resources.
The New England Power Pool Markets Committee continued to work on ISO-NE’s proposed Energy Security Improvements proposal.
PJM staff and stakeholders kicked off the Markets and Reliability Committee meeting with an homage to Denise Foster on her last day with the organization.
An August energy emergency alert that had SPP one contingency away from shedding load has renewed calls for scarcity pricing to ensure adequate reserves.
The New England Power Pool Markets Committee voted to amend Market Rule 1 to limit the retention of resources for fuel security to a two-year maximum.
FERC rejected a PJM proposal to reduce load-serving entities’ savings from price-responsive demand programs.
Stakeholders endorsed revisions that would align PJM’s price-responsive demand rules with the Capacity Performance construct.
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