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| Course Title: |
Changes to Operating Reserve Accounting |
| Description: |
On December 1 2008, the current PJM Balancing Operating Reserve (BOR) Accounting methodology will undergo significant changes regarding how generator credits are paid, how generator deviations are calculated, and how the allocation of the charges are applied. This course will review the current BOR construct, explain the evolution of the changes, and examine each change in detail and its impacts to generators and load.
This course will be separated into two sessions - the morning session will emphasize the changes with respect to generator credits and deviation calculations, and the afternoon session will emphasize changes with respect to Load Serving Entity (LSE) impacts and charge allocations. |
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Schedule:
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| Intended Audience: |
Generator owners and dispatchers, Load Serving Entities, and participants that take a position in the Day-Ahead (DA) Market. |
| Prerequisites: |
It is recommended that participants have an understanding of the current Operating Reserve Accounting construct, a basic understanding of PJM markets and unit commitment (DA & RA), and familiarization with the relationship between PJM grid operations and BORs. |
| Slides: |
Operating Reserve Changes |
| Topics: |
- Current OR Accounting Methodology (AM)
- Evolution of changes to BORs (AM)
- Segmented Make-Whole Payments (AM)
- Parameter Limited Schedules (AM)
- Ramp-Limited Desired MWs (AM)
- Supplier Netting at the Bus (AM)
- Netting by Zone, Hub, Interface (PM)
- BOR Cost Allocation (PJM-wide & Regional) (PM)
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| Cost: |
There is no charge to PJM Members. Non-Members are charged a nominal fee. Please contact TrainingSupport@pjm.com for more details.
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PJM reserves the right to discontinue registration and/or cancel training sessions if enrollment is not sufficient. Every effort will be made to notify registrants if a change is made.
For additional information, please contact Member Relations at 610-666-8980 or toll free 866-400-8980.
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