security constrained economic dispatch (SCED)
PJM presented a first read on a proposal to cap resources committed ahead of the day-ahead market at their cost-based offer, and the committee endorsed an expansion of an offer capping issue charge.
The PJM Market Implementation Committee discussed a proposal to allow demand response resources to participate in the regulation market when there are energy injections at the same point of interconnection to the distribution grid.
ERCOT stakeholders plumbed the depths of Robert’s Rules of Order and amended motions before endorsing a rule change that allows the grid operator to manually release contingency reserve service from economically dispatched resources after repeated violations of the system power balance constraint.
ERCOT stakeholders and staff tabled a protocol revision request implementing a new ancillary service that faces a tight statutory timeline.
ERCOT stakeholders endorsed the charter and leadership for a task force that will report to the Technical Advisory Committee and provide recommendations on real-time co-optimization and energy storage resources’ state of charge.
The PJM Markets and Reliability Committee on Wednesday endorsed a new renewable dispatch structure proposed by the RTO and the Independent Market Monitor.
PJM's vice president of market design told the MRC that the RTO is delaying its estimation of when it will be publishing a report on the December winter storm.
FERC again rejected PJM’s proposal to change how it responds to synchronized reserve events, which it says can result in periods of under- and over-response.
FERC rejected PJM’s plan to change its handling of synchronized reserve events, saying it would likely result in higher prices and over-procurement.
PJM's Operating Committee heard proposals on improving the dispatch of renewables, changes to max emergency status and a new cold weather advisory.
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