Capacity Market
PJM presented a preliminary proposal to overhaul its capacity market to the Resource Adequacy Senior Task Force.
MISO tried to quell unease over its intended capacity accreditation with a stakeholder workshop to show that its proposal lines up with a new report.
FERC released its State of the Market report, which showed some of the highest natural gas and power prices in years.
PJM stakeholders appeared split over proposals to delay the RTO’s capacity auctions to include market rule changes being considered by the Board of Managers.
The likelihood of a sloped demand curve in MISO’s capacity market earned seals of approval from panelists at GCPA’s 9th Annual MISO/SPP Regional Conference.
ISO-NE procured 31,370 MW in this year’s capacity auction, the grid operator said Friday.
Average PJM LMPs doubled to a record-high $80/MWh last year, driven mostly by coal and natural gas prices, the RTO’s Independent Market Monitor reported.
NYISO briefed the Installed Capacity/Market Issues Working Group on its efforts to improve capacity accreditation.
PJM stakeholders requested that the Board of Managers provide more information about its initiation of a fast-track process to address reliability concerns.
MISO’s attempt to justify a new resource accreditation process gave way to heated debate over how to best alleviate the footprint’s reliability challenges.
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