Capacity Market
PJM's year was punctuated by changes in the capacity market as votes by stakeholders led to the implementation of the RTO’s narrowed MOPR.
PJM's upcoming 2023/24 BRA is set to be delayed again after FERC partially reversed its 2020 decision on the RTO’s energy price formation revisions.
MISO's 2022 to-do list will be dominated by getting major transmission built and crafting a seasonal capacity auction.
Resource adequacy concerns and market rules and transmission infrastructure to support state clean energy policies highlight the issues facing ISO-NE in 2022.
The NEPOOL Markets Committee will vote in January on two proposals to modify ISO-NE’s generator retirement rules.
Independent power producers warned that policymakers are risking reliability by attempting to transition too quickly from gas and coal to renewables.
The NEPOOL Markets Committee approved ISO-NE’s proposed compliance filing to implement FERC Order 2222.
Merchant generators joined ISO-NE’s Internal Market Monitor in warning that the RTO’s proposal to eliminate MOPR will suppress prices.
Stakeholders endorsed a joint PJM/Independent Market Monitor proposal addressing fuel-cost policy standards at a Market Implementation Committee meeting.
FERC declined rehearing requests of its inaction on PJM’s narrowed MOPR after a 2-2 tie vote, setting up further action in appellate court.
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