Capacity Market
PJM's CEO said challenges lie ahead for stakeholders as they wrestle with a possible overhaul to the capacity market to address resource adequacy concerns.
The MRC endorsed a proposal to reduce penalties for generators that don’t meet their capacity obligations during performance assessment intervals.
Fletcher6, CC BY-SA 3.0, via Wikimedia Commons
Environmental activists asked FERC to reject ISO-NE’s capacity auction results, calling payments to fossil fuel generators a climate and reliability risk.
A summary of the agenda items scheduled to be brought to a vote at the special PJM Members Committee meeting.
Stakeholders continued to refine proposals to overhaul PJM’s capacity market through the second phase of the RTO’s critical issue fast path process.
PJM Power Providers asked the 3rd U.S. Circuit Court of Appeals to overrule a FERC order allowing PJM to recalculate reliability requirement parameter for BRAs.
The PJM Markets and Reliability Committee on Wednesday endorsed a new renewable dispatch structure proposed by the RTO and the Independent Market Monitor.
A new report from the American Council on Renewable Energy recommends MISO make multiple edits to its markets to take advantage of a shifting resource mix.
ISO-NE stakeholders approved a proposed filing on DERs but rejected the RTO’s concerns in backing Ocean State Power's bid to remain a capacity resource.
FERC approved MISO’s reworked ratio for use in its capacity auction a day before MISO began accepting offers on the postponed auction.
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