February 22, 2025

Calpine

© RTO Insider LLC
PJM MIC Briefs: Feb. 5, 2025
PJM’s Market Implementation Committee narrowly endorsed a PJM proposal to use ELCC to model the availability of demand response resources in all hours, along with other changes to how DR accreditation is determined.
PSEG
Constellation, Calpine Propose Selling PJM Plants to Cut Market Power
Constellation and Calpine proposed selling off several PJM power plants in their merger application with FERC to quell any concerns with market power in some submarkets.
Constellation Energy
Constellation to Acquire Calpine for $29.1B
Constellation Energy Corp. will acquire Calpine Corp. in a deal that will create the largest U.S. fleet of zero- and low-emission power generation.
Pennsylvania PUC
Pennsylvania PUC Examines PJM’s Tightening Reserve Margin
Pennsylvania regulators hosted several panels to discuss PJM's tightening reserve margins and how the PUC should respond to the situation, which at least promises more high prices in the near future before new supplies can come online.
Fletcher6, CC BY-SA 3.0, via Wikimedia Commons
ISO-NE Refines Scope, Schedule for Capacity Auction Reforms
ISO-NE is not planning to pursue the development of simultaneously clearing seasonal capacity auctions as part of its capacity auction reform project.
© RTO Insider LLC 
PJM Stakeholders Delay Vote on Generator Deactivation Rules
PJM stakeholders delayed voting on five proposals to rework the notification deadlines for generation deactivations and how compensation for reliability-must-run contracts is determined.
© RTO Insider LLC
ISO-NE Responds to Feedback on Capacity Auction Reforms Scope
ISO-NE’s Capacity Auction Reforms project will include an evaluation of additional resource accreditation modeling enhancements, the RTO told the NEPOOL Markets Committee.
PJM
PJM MRC/MC Briefs: Aug. 21, 2024
Consumers and electric distributors in PJM opposed a proposal to revise two financial parameters used to calculate the cost of new entry input to the 2027/28 Base Residual Auction.
EMC Enineering Services
ISO-NE Outlines ‘Straw Scope’ of Capacity Market Reforms
ISO-NE responded to stakeholder feedback on its capacity auction reform project at the NEPOOL Markets Committee meeting, providing clarity on the scope of its capacity market overhaul. 
© RTO Insider LLC
PJM MRC/MC Briefs: March 20, 2024
The PJM MRC rejected four proposals to rework how the RTO measures and verifies the capacity EE providers can offer into the market.

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