December 24, 2024

cost of new entry (CONE)

D.C. Circuit Court of Appeals
NYPSC Continues Legal Battle Over NYISO’s 17-year Amortization
The NYPSC has filed a third petition seeking federal judicial review of FERC orders related to NYISO's proposed 17-year amortization period for its demand curves in capacity market auctions.
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PJM MIC Briefs: Sept 6, 2023
Voltus withdrew a demand response resource issue charge, while AEP and Dominion proposed a  capacity obligation issue charge.
PJM
PJM MIC Briefs: Aug. 9, 2023
PJM's Market Implementation Committee endorsed one of several packages to create new rules for generators with co-located load and rejected four proposals revising how generators providing reactive power service are compensated.
ISO-NE
NEPOOL Markets Committee Briefs: Aug. 8-10, 2023
New England wholesale market costs were significantly lower in the spring of 2023 compared to spring 2022 and 2021, the ISO-NE Internal Market Monitor told the Markets Committee.
D.C. Circuit Court of Appeals
DC Circuit Asked Again to Rule on NYISO’s 17-Year Amortization
The New York PSC petitioned the D.C. Circuit Court of Appeals to review FERC's approval of NYISO's proposal to use a 17-year amortization period for setting its cost of new entry.
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PJM MIC Briefs: June 7, 2023
The MIC voted against endorsing a proposal to expand the scope of the Reactive Power Compensation Task Force to include discussion of existing service rates.
MISO
MISO: Sloped Demand Curve Would Have Raised 2023/24 Capacity Prices
MISO said that a sloped demand curve applied to its recent seasonal auction would have boosted summer clearing prices as much as sixfold.
NYISO
FERC Accepts NYISO’s 17-Year Amortization Period Proposal
FERC approved NYISO’s proposed 17-year amortization period when calculating the annual costs for hypothetical fossil fuel peaker plants.
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PJM MIC Briefs: May 10, 2023
PJM proposed creation of a new cost of new entry area for the ComEd zone during discussions about how to account for local factors in calculating net CONE.
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PJM MIC Briefs: April. 12, 2023
The PJM Market Implementation Committee overwhelmingly voted to endorse manual revisions to put limits on when generators can submit real-time values.

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