Capacity Market
The NEPOOL Markets Committee devoted the bulk of its meeting to debating changes to inputs and assumptions that will govern FCA 16 in February 2022.
FERC approved NYISO’s revised buyer-side market power mitigation rules, prompting a scathing dissent from Commissioner Richard Glick.
FERC approved MISO’s request for a one-time waiver giving market participants the opportunity to replace load-modifying resources affected by the pandemic.
The PJM MIC endorsed the sunsetting of a longstanding subcommittee on intermittent resources and accepted the charter of a new committee.
MISO will evaluate the merits of defining new seasonal reliability criteria and implementing a sub-annual capacity construct, stakeholders learned.
The NEPOOL Markets and Reliability committees heard presentations on studies on how increasing renewables and electrification will affect the ISO-NE grid.
FERC established a paper hearing to explore the justness and reasonableness of ISO-NE’s new-entrant rules for its Forward Capacity Market.
Stakeholders appear torn over whether MISO should develop reliability guidelines that could establish uniform resource adequacy criteria.
ISO-NE Monitor David Patton presented his 2019 assessment of the RTO, comparing its markets with others in the East and making several recommendations.
MISO’s Monitor issued five new recommendations in its annual State of the Market report, focusing on seams and efficient use of the transmission system.
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