Dynegy
Nearly a decade on, the saga over Dynegy’s manipulation of MISO’s capacity market continues, with FERC denying the company’s asks for procedural changes that might have softened repercussions in the case.
Nearly a decade after the MISO capacity auction in which Dynegy was found to have manipulated clearing prices, FERC has directed hearing and settlement procedures in the case.
FERC ordered ISO-NE to reconsider its market mitigation rules because of an “unanticipated and highly atypical” situation that pushed prices higher Dec. 24.
The Illinois Attorney General and Public Citizen are calling on FERC to release private files pertaining to its investigation of Dynegy’s conduct in 2015.
Antandrus, CC BY-SA 3.0, via Wikimedia
The CAISO Board of Governors approved the renewal of reliability-must-run agreements for four small aging gas plants it says are needed for grid reliability.
FERC said it will take another look into whether Dynegy manipulated pricing in MISO’s 2015/16 capacity auction and violated federal laws.
FERC approved an agreement between Dynegy and its Office of Enforcement to settle allegations that the company misrepresented its plants' ramp rates to PJM.
Fletcher6, CC BY-SA 3.0, via Wikimedia Commons
The NEPOOL Markets Committee signed off on a plan to delay the elimination of ISO-NE’s MOPR, which the RTO abruptly threw its support behind.
ISO-NE's march to eliminating its minimum offer price rule (MOPR) continued with a vote in the NEPOOL Markets Committee.
The D.C. Circuit Court of Appeals agreed with Public Citizen that FERC hasn't explained why it continues to uphold the expensive Southern Illinois capacity price produced in MISO’s 2015/16 capacity auction.
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