November 29, 2024

Capacity Market

NEPOOL Markets Committee Briefs: March 24, 2020
ISO-NE’s Energy Security Improvements initiative hit a snag when the NEPOOL Markets Committee failed to recommend it to the Participants Committee.
FERC Denies Rehearing on PJM Arbitrage Fixes
FERC denied rehearings on orders rejecting PJM’s efforts to stop capacity market participants from attempting to arbitrage between the BRA and Incremental Auctions.
FERC Sides With PJM on Pseudo-tie Challenges
FERC rejected rehearing requests over the commission’s November 2017 order approving PJM’s tougher requirements for pseudo-tied generators.
FERC Shelves Grievances over MISO Capacity Auction
FERC denied what might be a final bid to recalibrate the results of MISO’s 2015/16 capacity auction, blocking Public Citizen’s request for rehearing.
Rehearing Denied over MISO RA Construct
FERC affirmed its 2018 ruling approving MISO’s current resource adequacy construct, rejecting multiple rehearing requests from critics of the decision.
MOPR May Not be Death Knell for Renewables in PJM
PJM’s expanded MOPR may not hinder renewables as much as some had feared if the RTO’s interpretation of FERC’s Dec. 19 order is accepted by the commission.
PJM Makes MOPR Compliance Filing
PJM filed Tariff changes to comply with FERC’s controversial order requiring expansion of the MOPR to new state-subsidized resources.
UPDATE: Monitor: PJM Saw Record-low Energy Prices in 2019
The average load-weighted, real-time LMP in PJM was $27.32/MWh last year, a 28.6% decrease from 2018 and the lowest in the RTO’s 21-year history.
Report Slams PJM Forecasting, CONE Estimates
PJM’s Reliability Pricing Model is acquiring more capacity than needed, leading to dirtier, less efficient generation and excessive costs for consumers.
PJM MOPR Floor Prices Reduced for Gas, Nuclear, Solar Units
PJM officials told stakeholders that revised calculations show lower floor prices for gas, nuclear and solar generating units under the expanded MOPR.

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