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For help getting started with Short-Term Reserve, check out the Short-Term Reserve Fast Facts documents in the Documents/Whitepapers section of this page.

Short-term capacity, which can provide energy within a relatively short period of time (e.g. 30 minutes), is an important tool for maintaining reliability, providing the ability to manage capacity needs that may not be addressed by Operating Reserves and the Ramp Capability Reserve product. This project explores options, including existing and/or new pricing mechanisms, for ensuring the availability of short-term capacity in an efficient manner to address Voltage and Local Reliability (VLR), regional, and system-wide requirements. 

This issue was submitted by Potomac Economics, MISO's Independent Market Monitor (IMM) and is synonymous with State of the Market (SOM) recommendations 2016-4 and 2014-2.

(Issue number formerly IR010)