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.
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.
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.
FERC’s resource adequacy technical conference zoomed out on the second day, June 5, with several panels examining ISO-NE, MISO and NYISO.
FERC spent June 4-5 looking into resource adequacy across the markets it regulates.
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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