Capacity Market
PJM is weeks away from the scheduled date for the 2025/26 Base Residual Auction without an order from FERC on whether it will be permitted to delay the auction.
ISO-NE increases 10-year summer and winter peak load predictions, with big gains coming from electrified heating and transportation.
FERC on Tuesday accepted a MISO tariff filing, promising to annually update an unforced capacity-to-intermediate seasonal accredited capacity ratio.
PJM says if FERC heeds Capacity Performance charge complaints stemming from storm power outages, it will undermine key aspects of reliability.
NYISO needs to improve shortage pricing and create smaller capacity zones, the ISO’s market monitoring unit reports in its 2022 State of the Market report.
PJM's Board of Managers rejected a proposal to lower nonperformance penalties, while AMP was displeased the board responded to reliability claims.
MISO said that a sloped demand curve applied to its recent seasonal auction would have boosted summer clearing prices as much as sixfold.
MISO this week said it will likely operate with almost no firm generating capacity to spare to manage typical summertime peaks.
PJM offered a series of suggestions for how it could overhaul its capacity market in the wake of widespread resource failures during last December's winter storm.
FERC approved NYISO’s proposed 17-year amortization period when calculating the annual costs for hypothetical fossil fuel peaker plants.
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