December 24, 2024

Capacity Market

© RTO Insider LLC
PJM Stakeholders Wary of Expedited Interconnection Proposal
Stakeholder opinions were sharply divided at the PJM Members Committee’s meeting regarding RTO proposals to allow high capacity factor resources to be sped through the interconnection queue and revise aspects of the capacity market. 
PJM
Consumer Advocates File Wide-ranging Complaint on PJM Capacity Market
Several state consumer advocates filed a complaint at FERC alleging PJM’s capacity market is failing to mitigate market power, overestimating future load and producing high clearing prices that generation owners cannot act on. 
MISO
MISO Says Comfortable Wintertime Margins Likely in Store
MISO doesn’t foresee a scenario where it comes close to risky operations in the upcoming winter.
PJM
PJM PC/TEAC Briefs: Nov. 6, 2024
PJM’s Planning Committee endorsed an issue charge to examine a “disconnect” around risk modeling showing loss of load risk has shifted from summer peaks to the winter and the calculation of zonal capacity emergency transfer limits.
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MISO Sets Surplus Reserve Margin Requirement for LSEs Opting Out of Capacity Auction
Load-serving entities that decide against participating in MISO’s capacity auction must secure anywhere from 1.5% to 4.2% beyond their reserve margin requirements in the 2025/26 planning year.
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MISO in Agreement with IMM’s State of the Market Recommendations, Work Begins on 1
MISO this year said it generally agrees with the six new market recommendations brought forward in its Independent Market Monitor’s annual State of the Market report and is actively working on one of them.
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PJM MRC Briefs: Oct. 30, 2024
The PJM Markets and Reliability Committee endorsed two issue charges sponsored by LS Power addressing the transparency and functionality of PJM’s marginal effective load-carrying capability accreditation methodology.
NYISO
New York DPS Recommends New Method for Determining Peak Hours
The New York Department of Public Service presented a proposal for updating the method by which NYISO determines peak load hours to the ISO’s Installed Capacity Working Group.
FERC
FERC Dives into Data Center Co-location Debate at Technical Conference
A common refrain at FERC’s technical conference on the co-location of data centers was that the issue is just part the broader problem of resource adequacy.
Exelon
Exelon Reports 80% Increase in Data Center Forecasts in Q3 Earnings
Exelon CEO Calvin Butler told investors the utility's data center forecast has increased about 80% during an earnings call.

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