reactive power
PJM generating companies that deactivate or transfer ownership of units in their fleet will have to revise their reactive power rates or explain why they have decided not to to FERC.
FERC says a filing made by NYISO to calculate payments for voltage support services (VSS) is deficient.
NYISO defended its proposed redesign of voltage support compensation, telling FERC it should reject calls by generators for additional inflation adjustments.
PJM filed Tariff revisions in response to an order by FERC requiring it take steps to prevent fleet owners from receiving reactive power payments from retired or sold generators
FERC ordered PJM stakeholders to develop rules to prevent fleet owners from receiving reactive power payments for retired generators.
A round-up of news from the PJM Operating Committee.
PJM's Market Monitor would like to tell stakeholders the identifies of the handful of generators that received $350 million in uplift charges last year. But PJM officials said they are prevented from disclosing the names.
PJM overcharged members by more than $25 million in reactive service charges last year and will begin providing refunds this month.
Fearing a potential shortage of reactive power, PJM last week won stakeholder support for an initiative to consider requiring that renewables add 'smart' inverters.
Members voted to expand the scope of the Energy Market Uplift Senior Task Force (aka the PJM EMUSTF) to incorporate reactive cost issues originally assigned to a separate panel.
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