Evaluating the Reliability Pricing Mechanism and Analysis of Wholesale Power System Issues
Synapse provided services to the Pennsylvania Office of the Consumer Advocate regarding several wholesale power system issues. Our major focus was on PJM’s Reliability Pricing Model (RPM) proposal for a new capacity market structure. Our work in this regard included participation in settlement discussions in the summer and fall of 2007, as well as significant effort on developing a process for implementing reliability and economic transmission system upgrades and the cost allocation metric associated with those upgrades. In addition, we perform periodic work on Market Monitoring and Demand Resource issues.