Reserves & Regulation

The course provides an explanation of the reserve requirements and the associated markets for each reserve type, the methods used to calculate the reserve offer amounts for resources, and provides an explanation of the process PJM uses to verify resource performance for a synchronized reserve event.

The course provides a basic look at the processes and procedures for resources participating in the PJM Regulation Market and describes the resource offers and parameters needed to provide regulation during real-time operations to maintain reliability. This session also touches on Regulation Market Timeline, Bilateral Regulation Transactions and Performance Scores.

Course Details

Target Audience :

Market Operators
Generator-Operators

Delivery Method:

Virtual

Related Courses:

PJM 101: The Basics
Reserve Market Overview
Regulation Market Overview

Topics:

Reserves

Types of Reserves
Day-Ahead and Real-Time Reserve Alignment
Must Offer Requirement
Reserve Offers and Parameters
Reserve Market Timeline
Reserve Market Posting
Reserve Subzone
Synchronized Reserve Event Actions
Response Calculation/Varification
Reserve Shortage

Regulation

Regulation in PJM
Reg A and Reg D
Regulation Band
Regulation Requirement
Regulation Bilateral Transactions
Regulation Offers and Parameters
Regulation Market and Clearing Process
Regulation Market Timeline
Regulation Market Posting
Regulation Performance Scores

CE Information:

NERC Approved:

Yes

NERC ILA #:

PJM_030_PJMVTSM21

NERC Total CEH:

1.5

Standards CEH:

0.5

Simulation CEH:

EOP CEH:

CEU:

0.1

CEH/CEU Eligibility:

CEH/CEU eligible on completion of all course sessions.

Other Information:

If you would like to see this course scheduled in the near future, click "Add to LMS wish list" to access the LMS.

Cost:

There is no charge to PJM Members or Governmental Entities. Non-Members are charged a nominal fee. Please contact Training Support for more details.