Capacity Market
Entergy said Monday it will close the 838-MW James A. FitzPatrick Nuclear Power Plant by early 2017 due to declining revenues and high operational costs.
MISO officials asked FERC staff last week to trust in its stakeholder process and not force capacity market changes that could increase exports.
FERC ruled for the third time that an allegation of “price suppression” was outside of the scope of its review of the proposed RSSA for the R.E. Ginna nuclear power plant.
PJM Market Monitor Joe Bowring said that the RTO must include strong market-power protections in rules allowing generators to change their offers hourly.
PJM said the changes to the variable resource requirement curve and related pricing inputs were necessary to meet evolving market conditions.
The Supreme Court's liberal wing indicated support Wednesday for FERC’s jurisdiction over demand response, but the commission faced harsh questions from conservative Antonin Scalia and swing vote Anthony Kennedy.
Entergy announced Tuesday it will close its Pilgrim Nuclear Power Station in Plymouth, Mass., no later than June 1, 2019, marking the company’s exit from the New England market.
FERC granted renewable energy resources an exemption from buyer-side mitigation rules in New York's installed capacity market.
A summary of issues discussed by the PJM Market Implementation Committee on Oct. 7, 2015.
A study by the APPA estimates that PJM's Capacity Performance rules will increase costs to consumers by $7.3 billion over the 2016-2019 delivery years.
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