Capacity Market

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Pennsylvania Brings Seasonal Capacity Issue Charge to PJM
PJM's Markets and Reliability Committee discussed a problem statement and issue charge brought by Pennsylvania Gov. Josh Shapiro to open a discussion on establishing a sub-annual capacity market design.
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FERC Approves Changes to PJM Capacity Deficiency Rate
FERC approved a PJM proposal to revise the penalty rate for resources that are unable to meet their capacity obligation due to a decrease to their accreditation.
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Load Growth Putting Pressure on Capacity Markets in the Northeast
Capacity markets have brought significant cost savings for customers in the Northeast over the past two decades but now face the critical need to evolve amid rapid load growth and a changing resource mix.
IESO
IESO Seeks to Shore up Capacity Market

The IESO Technical Panel approved posting for comment several revisions to the ISO’s capacity market rules and manual intended to reduce the occurrence of unfulfilled commitments.

Ben Schumin, CC BY-SA-2.0, via Wikimedia
NYISO Stakeholders Propose Capacity Retention Market

Central Hudson, Con Edison, National Grid and the Natural Resources Defense Council have co-submitted a proposal to the NYISO project prioritization process asking the ISO consider developing a capacity market based around retaining existing resources.

Shutterstock
ISO-NE Internal Market Monitor Weighs in on Capacity Market Changes

The Internal Market Monitor weighed in on ISO-NE's proposed capacity market overhaul, expressing support for increased flexibility around resource retirement notifications and recommending the elimination of the pivotal supplier test.

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MISO IMM Blasts NERC Long-term Assessment, Says RTO in Good RA Spot
MISO Monitor David Patton called NERC’s Long-Term Reliability Assessment inaccurate for labeling the RTO a high-risk area.
NERC
FERC Focuses on Midwest, Northeast in Day 2 of RA Tech Conference

FERC’s resource adequacy technical conference zoomed out on the second day, June 5, with several panels examining ISO-NE, MISO and NYISO.

Yes Energy
FERC Dives into Thorny Resource Adequacy Issues at Tech Conference

FERC spent June 4-5 looking into resource adequacy across the markets it regulates. 

Potomac Economics
MMU, FTI Argue for Maintaining Uniform Pricing in NYISO Capacity Market

As NYISO conducts its Capacity Market Structure Review, its Market Monitoring Unit and FTI Consulting say it should reject the idea of bifurcated pricing.


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