Capacity Market
FERC reaffirmed its support for NYISO’s 17-year amortization period in its installed capacity market, rejecting protests from state regulators and consumers.
A call for FERC to run a technical conference on capacity accreditation ran into a mixed reception, with the ISO/RTO Council saying it is too regional of an issue for the idea to have an impact.
MISO has calculated significant increases in its annual cost of new entry for use in its capacity auction in the 2024/25 planning year.
PJM agreed to reduce its nonperformance penalties 31.7% for generators that could not meet their capacity obligations during the December 2022 winter storm.
PJM's Board of Managers has adopted a variant of the RTO annual capacity market CIFP proposal, which includes changes to risk modeling, accreditation and capacity performance.
PJM's Markets and Reliability Committee endorsed issue charges, opening stakeholder discussions on generator deactivation timelines and a potential overhaul of the reserve markets during its Sept. 20 meeting.
PJM members recommended various avenues for the RTO's Board of Managers to consider as it weighs a possible FERC filing incorporating components of proposals made during the critical issue fast path process.
NYISO secured Business Issues Committee approval of the ISO’s proposal to create separate capacity demand curves for summer and winter beginning with the 2025/2026 capability year.
The NYPSC has filed a third petition seeking federal judicial review of FERC orders related to NYISO's proposed 17-year amortization period for its demand curves in capacity market auctions.
Voltus withdrew a demand response resource issue charge, while AEP and Dominion proposed a capacity obligation issue charge.
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