Committees & Groups

Issue Details

Intermittent Resources: Lost Opportunity Cost for Wind

This issue concerns the methodology currently used to calculate lost opportunity costs for dispatchable wind units. Currently PJM compensates all wind resources that are cleared in the DA Market for Lost Opportunity Costs upon request when they are reduced for reliability. The intent of the methodology is to make these resources whole to their Day Ahead value. This methodology was put in place when wind resources were not dispatchable as some are today. This approach may not be appropriate for those wind resources that are dispatchable and following PJM’s instructions.

Proposed Timeline

Issue initiated: 12.7.2010
Work begins: TBD
Target Completion: 3.31.2012
Actual Completion: TBD

Issue Details

Stakeholder Body Intermittent Resources Task Force
Issue Catalyst PJM member with dispatchable wind
Issue Status Closed
Manual Changes No
Agreement Changes Open Access Transmission Tariff, Operation Agreement
  • Stakeholder Process Step

  • Not Started Approved
  • Not Started Education
  • Not Started Interest
  • Not Started Design
  • Not Started Options
  • Not Started Packages
  • Not Started Consensus
  • Not Started Review
  • Not Started Completed