October 5, 2024

Capacity Market

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NEPOOL Participants Committee Votes to Support Hourly GIS Tracking
The NEPOOL Participants Committee voted to update the Generation Information System to enable the transfer of hourly certificates, opening the door for the sale of hourly renewable energy credits. 
MISO
Changing System Drives MISO to Scrutinize Guiding Market Principles
MISO is conducting a check-in with stakeholders to gauge whether its market design guiding principles are still valid in a changing industry.
PJM
PJM MRC/MC Briefs: Aug. 21, 2024
Consumers and electric distributors in PJM opposed a proposal to revise two financial parameters used to calculate the cost of new entry input to the 2027/28 Base Residual Auction.
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PJM Stakeholders Endorse Elimination of EE Participation in Capacity Market
The PJM Markets and Reliability Committee voted to eliminate energy efficiency from the capacity construct, adopting a proposal from the Monitor.
MISO
MISO Predicts Painless Fall Despite Missouri Capacity Shortfall
MISO doesn’t believe autumn will prove much trouble for it to tackle, though it faces a capacity shortfall in Missouri.
NYISO
Analysis Group: No Changes to NYISO CONE Method Needed
The Analysis Group told NYISO stakeholders it did not recommend any major changes to the annual process for updating the ISO’s gross cost of new entry for generators.
Talen Energy
Maryland Report Details PJM Cost Increases for Ratepayers
A spike in PJM capacity prices and generator deactivations could increase monthly costs in Maryland by as much as 24% for some. 
Convergent Energy and Power
NYISO Tariff Revisions Include Uncertainty Reserve
NYISO staff presented tariff revisions that may be deployed as early as Q1 of 2026 to account for the uncertainty of wind and solar energy forecasts.
PJM
PJM MRC/MC Preview: Aug. 21, 2024
PJM proposes tightening "know your customer" rules, which require members to provide information to facilitate the due diligence PJM conducts on key decision-making leadership.
PJM
PJM MIC Briefs: Aug. 7, 2024
PJM has decided not to refile several components of its proposed capacity market redesign that was rejected by FERC in February.

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