October 6, 2024

Capacity Market

© RTO Insider LLC
Overheard at the OPSI Annual Meeting
The OPSI annual meeting debated PJM’s recent capacity market filing and whether the RTO needs to consider changes to its energy and reserve markets.  
PJM
PJM MRC/MC Preview: Oct. 25, 2023
PJM's Markets and Reliability Committee and Members Committee will meet Oct. 25, with potential votes on creating a fifth cost of new entry area for the Commonwealth Edison zone in Illinois, the 2023 Reserve Requirement Study and capacity offers for generators with co-located load.
Ameren Illinois
ICC Staff: More to Consider in Possible Ameren Illinois Exit from MISO
Staff from the Illinois Commerce Commission put their own spin on an analysis showing how much Ameren’s switch to PJM could cost MISO.
D.C. Circuit Court of Appeals
PSC Takes FERC Back to Court Over NYISO’s 17-Year Amortization
The New York PSC asked a federal appeals court to overturn FERC’s approval of NYISO’s 17-year amortization period in its installed capacity market.
© RTO Insider LLC
PJM Files Capacity Market Revamp with FERC

Comments are due Nov. 3 on PJM’s proposal, which it said would improve reliability and incentivize resource development while controlling costs.

 
WPPI Energy
FERC: MISO’s 2030 Finish Date on Order 2222 Compliance not Soon Enough
FERC said MISO didn’t justify the need for an additional five-year gap between completion of its new market platform in 2024 and the first DER aggregation registrations in late 2029.
RTC
Renewable Thermal Storage Could Zero out Industrial Heat Emissions
Thermal energy storage powered by renewables could be a flexible, cost-effective way to decarbonize heavy industry in the U.S., according to a new report from the Renewable Thermal Collaborative and Center for Climate and Energy Solutions.
© RTO Insider LLC
PJM MIC Briefs: Oct. 4, 2023
The PJM Market Implementation Committee endorsed the creation of a fifth cost of new entry area for the Commonwealth Edison zone, as well as two proposals aiming to limit the prospective performance impact of implementing multi-schedule modeling in the market clearing engine.
© RTO Insider LLC
MISO Explains How August Max Gen Event Didn’t Trigger Emergency Pricing
MISO expounded on why its late August maximum generation emergency wasn’t met with prices dictated by its emergency offer floors.
DTE Energy
MISO Defers Unpopular Capacity Accreditation Filing, Remains Committed to Design
MISO said it will push back a contentious filing for a new, marginal approach to capacity accreditation into early next year.

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