MISO expects a chance for an emergency every month this fall, with the possibility of burning through the entirety of its emergency resource reserves.
FERC issued a deficiency letter last week asking PJM to justify its proposal for reserve pricing in emergencies.
MISO and three power suppliers have asked FERC to deny Duke’s request for a waiver from MISO’s must-offer requirement.
NC WARN asked FERC to force Duke and other utilities in the Southeast to form a RTO to share power reserves, rather than keep building new plants and boosting prices to pay for them.
The MRC approved new rules allowing PJM to increase reserve requirements in emergencies, while a companion measure to limit interchange during emergencies fell short.
PJM has dropped a proposal to create a new real-time reserve market, bowing to stakeholder concerns over the cost and complexity.
PJM won approval of its short-term plan for capturing reserve costs in energy prices after agreeing to a sunset provision that won over load representatives.
Acknowledging they were taking “a leap of faith,” stakeholders last week endorsed PJM’s plan for cutting uplift and capturing reserve costs in energy prices.
Stakeholders split last week over a PJM proposal to change how the RTO captures the cost of deploying additional reserves during extreme weather.
Stakeholders split last week over a PJM offer cap proposal that changes how the RTO captures the cost of deploying additional reserves during extreme weather.
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