Capacity Market
FERC issued an order accepting NYISO's proposed tariff revisions to CRIS rights, which will make them easier for deactivated facilities to to adjust.
North Carolina businesses called for a study of wholesale market competition, including a possible RTO, citing a lack of “cost-competitive, clean energy.”
MISO’s IMM debuted five new recommendations as part of his annual State of the Market Report, as multiple suggestions were aimed at maximizing transmission utilization by clamping down on wind-related congestion.
May in MISO proved no trouble for control room operators.
Vistra Energy's deal to buy Energy Harbor ran into opposition at FERC, where parties argued it would harm Ohio's retail market and further concentrate PJM's wholesale 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.
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