Capacity Market
Stakeholders are seeking a FERC rehearing of MISO’s seasonal auction design, while the RTO wants it to reconsider its minimum capacity obligation.
Fletcher, CC BY-SA 4.0, via Wikimedia Commons
ISO-NE violated its tariff in its handling of construction delays at a Boston-area generating plant, FERC said, slapping the RTO with a $500,000 fine.
Commissioners Mark Christie and James Danly addressed the pros and cons of the West’s pursuit of greater market coordination at the fall CREPC-WIRAB meeting.
FERC denied a request to impose a capacity price floor on subsidized resources in NYISO, reiterating its support for narrower buyer-side mitigation rules.
PJM's MRC rejected two proposals intended to allow market sellers to represent a greater degree of the risk they take on when entering the capacity market.
MISO continues to suss out a new availability-based capacity accreditation method for its renewable generation, but some have qualms with the early design.
The PJM Market Implementation Committee narrowly rejected a proposed issue charge from curtailment service provider CPower Energy Management.
MISO can establish a seasonal capacity auction and accreditation but cannot require a minimum capacity obligation, FERC ruled in a pair of orders.
CPower has agreed to a $2.5 million penalty after FERC's enforcement division found the company took capacity payments in violation of ISO-NE rules.
PJM members failed to find consensus on any of four proposed sets of capacity auction parameters, with the RTO’s proposal falling short of the necessary votes.
Want more? Advanced Search