Capacity Market
NYISO said a 2012 FERC order was unclear with respect to the comparison made between the default offer floor and unit net CONE in determining the floor.
MISO completed its third annual Planning Resource Auction Tuesday, with prices falling in most zones, while the Illinois zone saw a large jump.
GenOn Energy Management, a unit of NRG Energy, asked FERC for relief from what it called an “anomalous, illogical and patently unfair circumstance.”
A new report by Morningstar predicts on-peak prices at PJM’s West Hub will result in “historically high” spark spreads in delivery year 2015-16.
ISO-NE has proposed two new capacity zones for Forward Capacity Auction 10 next year.
The U.S. Second Circuit Court of Appeals ruled in favor of FERC, rejecting challenges to the Lower Hudson Valley Capacity Zone in New York.
Stakeholders last week continued their debate over PJM’s proposal to create “historic” capacity transfer rights for some load-serving entities.
The union representing workers at the Brayton Point plant say the plant’s pending closure caused massive price spikes in recent ISO-NE capacity auctions.
PJM on Friday responded to FERC's questions about its Capacity Performance proposal and requested acceptance of the plan in time for next month's Base Residual Auction.
PJM plans to respond by Friday to FERC's questions about its Capacity Performance proposal and may delay its May capacity auction, officials said Wednesday.
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