Capacity Market
PJM stakeholders endorsed a proposal to create a cost recovery mechanism for generators which are required to make facility upgrades.
PJM presented its CIFP proposal to overhaul the capacity market, with the new addition of a seasonal capacity model.
A comfortable result for MISO's 2023/24 auction does not guarantee sufficient capacity during the coming summer, executives said.
PJM officials and stakeholders told FERC they oppose abandoning the RTO’s capacity market but disagree over the degree to which it needs to be changed.
The MIC voted against endorsing a proposal to expand the scope of the Reactive Power Compensation Task Force to include discussion of existing service rates.
New England energy industry leaders met at the 29th annual New England Energy Conference and Exposition to discuss regionwide clean energy market mechanisms.
FERC approved PJM’s request to delay its 2025/26 capacity auction from Wednesday until next year as the RTO seeks to revamp its market rules.
The PJM Markets and Reliability Committee voted to reject manual changes on the synchronized reserve requirement.
FERC OK'd settlement judge procedures to resolve complaints that generators filed against PJM’s assessment of penalties for underperformance in December 2022.
PJM wrapped up the second phase of its critical issue fast path process to address RA concerns with two meetings on proposed changes to the capacity market.
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