Capacity Market
PJM's real-time LMPs and congestion costs both spiked in the first half of 2022, driven by increasing fuel prices and loads, the IMM reported.
Stakeholders urged PJM to delay action on generation deliverability testing until rules on capacity interconnection rights for ELCC resources are complete.
NRDC argued that ISO-NE’s preferred method of measuring marginal reliability impact risks under-valuing some components of clean energy resources.
PJM members approved a change to the Consensus Based Issue Resolution process and received briefings on options for capacity auction parameters.
PJM's proposal to change its capacity offer cap failed to win stakeholders' blessing, but the RTO may submit it anyway, seeking a FERC OK for its next auction.
MISO responded to criticism from Illinois lawmakers that it isn’t doing enough to bring renewables in its queue online to solve its capacity deficiency.
MISO’s board approved an 18-project, $10.3 billion long-range transmission plan even as critics faulted the RTO for not moving faster to connect renewables.
PJM is considering changes to how it manages the remaining run hours for coal plants limited by fuel shortages.
PJM's MIC OK'd rules on accounting for PTC/REC revenue and dealing with long-term market suspensions and discussed a loophole allowing CTs to ignore dispatch.
MISO leadership last week committed to holding future talks with stakeholders on how to retool its capacity auction to stimulate more supply.
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