cost of new entry (CONE)
The MIC overwhelmingly adopted an issue charge to explore whether PJM should account for local issues that may impact the net cost of new entry in a region.
The 2023/24 Base Residual Auction held by PJM in June yielded competitive results, the RTO’s IMM announced in a report released last month.
MISO broadcast to stakeholders that it’s ready for a sloped demand curve in its capacity auction.
The MIC endorsed a PJM proposal to bar critical gas infrastructure from DR programs that could jeopardize the reliability of gas-fired generators.
FERC rejected the Coalition of MISO Transmission Customers’ proposal to allow some load to exit the the RTO system penalty-free.
PJM members failed to find consensus on any of four proposed sets of capacity auction parameters, with the RTO’s proposal falling short of the necessary votes.
MISO's board may be coming around to the idea of using a sloped demand curve to price capacity as the RTO confronts the possibility of resource shortages.
FERC accepted PJM’s compliance filing restoring the historical energy and ancillary services revenue offset used in the RTO’s capacity market.
The NEPOOL MC discussed changes to the frequency of FCM parameter recalculations, the continuous storage facility model and cybersecurity reporting.
MISO officials answered questions about the capacity shortfalls and expensive prices in the 2022/23 auction while stakeholders asked for more supply data.
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