price-responsive demand (PRD)
The PJM Markets and Reliability and Members committees agreed to fast-track a proposal on demand response.
Most RTOs say they are ready for winter but the possibility of fuel shortages during an extended cold spell is keeping ISO-NE officials up at night.
ISO-NE has become the first U.S. grid operator to put active demand response into its energy dispatch along with generating resources.
PJM staff unveiled their proposal on price formation at last week’s Markets and Reliability Committee meeting.
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability and Members committees on Dec. 7, 2017.
Representatives grilled PJM officials at the Markets and Reliability Committee meeting over proposed changes to price-responsive demand (PRD) bids.
PJM’s plan for addressing uplift remains on schedule, and the final two phases of its three-phase solution will be filed by the end of this week.
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