PCM Likely to Be Shelved Tomorrow, Grid Roundup #36
Chair Gleeson files memo expressing his hope the PUC will officially move away from the capacity market construct known as PCM. DRRS will be the next front in the ongoing capacity market battles.
In this issue:
Chairman Gleeson ready to move on from Performance Credit Mechanism (PCM);
Dispatchable Reliability Reserve Service (DRRS) likely to be designed initially as an operational reserve but could become a capacity market construct in future years;
PUC staff says there is no link between increased renewables and increase in operational reserves (ancillary services).
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