October 5, 2024

Capacity Market

MISO
MISO Estimates 2023 Member Savings Near $5B
MISO announced that it saved its membership approximately $5 billion in 2023 by providing a resource sharing pool for utilities.
Constellation Energy Corp
Hydrogen Getting Resource-specific Rules in NYISO Markets
NYISO initiated steps toward integrating hydrogen into its market, aiming for technology-agnostic rules to foster clean energy innovation.
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MISO: New Capacity Accreditation Filing Imminent
MISO is determined to file with FERC by the end of March to introduce a probabilistic capacity accreditation that’s controversial among its stakeholders.
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PJM MRC/MC Briefs: Feb. 22, 2024
A group of demand response providers in PJM proposed adding two hours to the availability window that binds when the resource can be deployed by the RTO.
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FERC Approves PJM Capacity Auction Delay
FERC accepted PJM’s request to delay the 2025/26 Base Residual Auction from June 12 to July 17 to give stakeholders time to understand new capacity auction rules. 
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PJM Seeking Expedited Approval of Energy Efficiency Changes
PJM proposed changes to how it measures and verifies the capacity contribution of energy efficiency resources, drawing concerns the RTO is moving too fast to implement changes ahead of the next capacity auction.
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FERC Catches Ketchup Caddy Co. in Another Fake DR Scheme in MISO
FERC is poised to levy a total $27 million in penalties on a Texas-based LLC meant to sell in-car ketchup holders that collected more than $1 million in undeserved MISO demand response payments.
ISO-NE
Prices, Renewables Rise in New England Capacity Auction

ISO-NE's capacity prices cleared at $3.58/kW-month in FCA 18, a nearly $1 increase over last year.

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PJM Seeks Waiver to Postpone 2025/26 Capacity Auction
PJM submitted a waiver request asking FERC to delay the 2025/26 Base Residual Auction by 35 days, which would bump the commencement to July 17.
NYISO
NYISO Operating Committee Briefs: Feb. 15, 2024
NYISO’s Operating Committee voted to approve the results from the Expedited Deliverability Study (EDS) 2023-01 report that included 16 projects, two of which were found to be undeliverable.

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