REM Technical Design
Important Materials and Deadlines
Sept. 13, 2024 | REM Design Sprint 1 Presentation *Updated*
Sept. 17 - 20, 2024 | REM Design Sprint 2 | Virtual Participation
Sept. 10 - 13, 2024 | REM Design Sprint 1 | Virtual Participation
Sept. 9, 2024 | REM Design Options Stakeholder Feedback posted
Sept. 6, 2024 | Sept. 5 Information Session Recording posted
Purpose
We are embarking a multi-phased engagement with industry stakeholders to advance work on the new market design through the fall of 2024. It will be comprised of a series of information sessions, written feedback cycles, and consultation sprints to dive deeper into each workstream to explore and consider stakeholder perspectives and inputs prior to beginning the required regulatory processes early in 2025.
We will strive to ensure overall alignment with the stated REM objectives of:
- Reliability
- Affordability
- Decarbonization by 2050
- Reasonable implementation
Material will be covered according to six workstreams, including:
- Day-ahead Market
- Market Power Mitigation
- Pricing and Reserve Market
- Market Clearing
- Intertie Participation
- Shorter Settlement