November 23, 2024

cost of new entry (CONE)

Talen Energy
FERC Approves PJM Capacity Auction Delay

FERC approved a PJM waiver request to offset the RTO’s capacity auction schedule by six months starting with the 2026/27 Base Residual Auction.

© RTO Insider LLC
PJM MIC Briefs: Nov. 8, 2024
PJM presented an issue charge focused on the potential for compensation for generators providing black start service to fall to zero a decline in net cost of new entry values in the 2025/26 Base Residual Auction.
Google Earth
Transition Spurs Power Producers to Ask for Fresh Look at MISO Cost of New Entry
Midwestern power producers are asking for re-evaluation of MISO’s cost of new entry in light of recent clean energy goals.
Shutterstock
NYISO Offers Final Staff Recommendations for Demand Curve Reset
NYISO presented its final interim staff recommendations for the demand curve reset for 2025-2029 at the Installed Capacity Working Group’s meeting, with minor updates to some metrics.
PJM
PJM MIC Briefs: Sept. 11, 2024
PJM presented how the planning parameters for the 2026/27 Base Residual Auction affected the variable resource rate curve, which intersects with supply and demand to determine auction clearing prices.
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.
NYISO
Analysis Group: No Changes to NYISO CONE Method Needed
The Analysis Group told NYISO stakeholders it did not recommend any major changes to the annual process for updating the ISO’s gross cost of new entry for generators.
PJM
PJM MRC/MC Preview: Aug. 21, 2024
PJM proposes tightening "know your customer" rules, which require members to provide information to facilitate the due diligence PJM conducts on key decision-making leadership.
Z22, CC-BY-SA 4.0, via Wikimedia Commons
NYISO Presents Draft Recommendations for Demand Curve Reset
NYISO presented its draft recommendations for the demand curve reset, including the choice of a two-hour battery electric storage system resource as the proxy unit in calculations.
© RTO Insider LLC
PJM MRC Briefs: July 24, 2024
The PJM MRC endorsed one of two proposals to revise how the RTO uses reserve resources, approving a deployment scheme where instructions are sent by basepoints, while rejecting a parallel proposal to grant operators the ability to dynamically increase market procurements.

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