Capacity Market
The NEPOOL Reliability Committee discussed load forecasting method changes, DC-coupled facilities' participation in the markets and transmission upgrades.
The expanded MOPR will cost PJM ratepayers almost $9.7 billion over nine years if FERC adopts revised floor prices allowing most nuclear plants to clear.
ISO-NE’s winter wholesale market costs totaled $1.8 billion, a 32% decrease from the previous winter because of lower energy and capacity costs.
PJM incumbent TOs won a victory as the Planning Committee endorsed a new regional targeted market efficiency project process that would be excluded from competition.
More than two dozen companies and coalitions filed responses to PJM’s compliance filing to FERC's order expanding its MOPR.
PJM officials have revised some of their proposed rules for applying the MOPR to state default service procurements in response to stakeholder feedback.
PJM’s Monitor released a report concluding that New Jersey ratepayers would likely see costs increase if the state left the RTO’s capacity market.
Dominion told Virginia regulators it is undecided about whether to pursue an FRR or remain in the PJM capacity market, where new self-supply resources would be subject to the MOPR.
Stakeholders asked if MISO’s new long-term generation outage policy played a role in driving up Michigan capacity prices in the Planning Resource Auction.
Exelon said its Illinois nuclear plants are “up against a clock,” with the legislature unable to meet to consider withdrawing from PJM’s capacity market.
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