Capacity Market
PJM said none of the 10,017 MW of additional capacity committed in the 2017/18 transition auction will be calculated in this week’s incremental auction for the delivery year.
FERC granted a waiver to a New England power generator that missed the deadline for a payment to increase the plant’s offer for the next Forward Capacity Auction.
RTO officials and market players new performance incentives and the pros and cons of energy-only scarcity pricing at EUCI’s Capacity Market conference.
ISO-NE's draft Regional System Plan also predicts challenges from generation retirements and integration of variable resources.
Capacity Performance resources cleared at $151.50/MW-day in the transition auction for the 2017/18 delivery year, PJM said Wednesday.
PJM's 2016/17 transition auction results were released shortly after the stock market closed at 4 p.m. Monday — coincidentally during an EUCI conference in Cambridge, Mass., that attracted PJM Market Monitor Joe Bowring, PJM Chief Economist Paul Sotkiewicz and Jim Wilson, a consultant to consumer advocates in PJM.
IMEA has been working with PJM staff all year to find a way to continue using external capacity to fulfill its internal resource requirements.
MISO officials outlined proposals to boost its capacity resources, winning support for efforts to streamline the generator interconnection process and redraw its zonal boundaries to reflect constraints.
Capacity Performance resources cleared at $134/MW-day in the transition auction for the 2016/17 delivery year, PJM announced Monday.
FERC rejected complaints from NextEra Energy and Direct Energy seeking to change the way PJM conducts its incremental capacity auctions to transition to its new Capacity Performance product.
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