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PJM Test > QUIZ: Energy & Ancilliary Svcs Mkt Ops - Manual 11 > Flashcards

QUIZ: Energy & Ancilliary Svcs Mkt Ops - Manual 11 Flashcards

1
Q
  1. PJM is responsible to perform which of the following for the PJM forecasted load and reserves not covered by the day ahead demand bids, self-scheduled resources or bilateral transactions?
    a. Scheduling
    b. MVAR support
    c. Reserve support
    d. Maintenance support
A

a. Scheduling

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2
Q
  1. PJM is an RTO
    a. True
    b. False
A

a. True

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3
Q
  1. Who are eligible to submit offers and purchase energy or related services in the day ahead energy market and in the real-time energy market, which market buyers and sellers?
    a. MISO members
    b. Only PJM members
    c. NERC members
    d. FERC members
A

b. Only PJM members

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4
Q
  1. How many general types of market buyers are there?
    a. Two
    b. Three
    c. Four
    d. Five
A

a. Two

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5
Q
  1. What type of market buyer is a buyer that is purchasing energy from the PJM Interchange energy market for consumption by end-users inside the PJM RTO?
    a. Unmetered market buyer
    b. Metered market buyer
    c. Telephone marketer
    d. Internet marketer
A

b. Metered market buyer

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6
Q
  1. The PJM scheduling philosophy in the day-ahead energy market is to schedule generation to meet the aggregate demand bids that results in the least priced generation mix, while maintaining the reliability of the PJM RTO.
    a. True
    b. False
A

a. True

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7
Q
  1. What is an application that facilitates the scheduling of interchange transactions between PJM and other balancing authorities?
    a. ExSchedule
    b. ProSchedule
    c. PowerSchedule
    d. InSchedule
A

a. ExSchedule

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8
Q
  1. What is an internet application that is used; among other functions, to report internal bilateral transactions?
    a. ExSchedule
    b. ProSchedule
    c. PowerSchedule
    d. InSchedule
A

d. InSchedule

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9
Q
  1. What is a set of computer programs, which performs a security constrained resource commitment and economic dispatch for the day-ahead market?
    a. Power app
    b. PJM energy market technical software
    c. PJM app
    d. NERC app
A

b. PJM energy market technical software

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10
Q
  1. How long prior to the operating hour will PJM execute the Ancillary Services Optimizer (ASO)?
    a. 15 minutes
    b. 30 minutes
    c. 45 minutes
    d. 60 minutes
A

d. 60 minutes

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11
Q
  1. Reported bilateral synchronized reserve transactions must be for the physical transfer of synchronized reserve and must be reported by the buyer and subsequently confirmed by the seller through eMKT no later than 16:00?
    a. True
    b. False
A

a. True

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12
Q
  1. Tier 1 estimates for demand resources will equal what value?
    a. Zero
    b. Ten
    c. Twenty
    d. Thirty
A

a. Zero

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13
Q
  1. PJM has an obligation to maintain a certain quantity of total 10 minute reserves on the system
    a. True
    b. False
A

a. True

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14
Q
  1. What type of reserves may be provided only by generation resources electrically within the PJM RTO?
    a. Synchronized reserves
    b. Non-synchronized reserves
    c. Spinning reserves
    d. Non-spinning reserves
A

b. Non-synchronized reserves

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15
Q
  1. What sub-zone is defined to ensure that non-synchronized reserves are available in or deliverable to the eastern part of the system under constrained conditions?
    a. Mid-Atlantic Dominion sub-zone
    b. Midwest sub-zone
    c. Eastern sub-zone
    d. West Atlantic Dominion sub-zone
A

a. Mid-Atlantic Dominion sub-zone

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16
Q
  1. Who is the counterparty to the purchases and sales on the non-synchronized reserves?
    a. PJM marketers
    b. PJM settlement
    c. MISO marketers
    d. MISO settlement
A

b. PJM settlement

17
Q
  1. PJM determines on peak hours as?
    a. 00:00-04:59
    b. 05:00-23:59
    c. 12:00-18:00
    d. 08:00-12:00
A

b. 05:00-23:59

18
Q
  1. The PJM operator maintains total PJM regulating capability within what MW bandwidth around the regulation requirment?
    a. 10 MWs
    b. 25 MWs
    c. 30 MWs
    d. 50 MWs
A

c. 30 MWs

19
Q

PJM members can choose to self-schedule their generation in the day-ahead market or to offer into the day-ahead market and allow PJM to schedule their generation in the day-ahead market?

a. True
b. False

A

a. True

20
Q
  1. What is a generation resource that is located outside the metered boundaries of PJM called?
    a. External resource
    b. Internal resource
    c. IPP’s
    d. Solar resource
A

a. External resource

PJM Test (31 decks)

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