Electric Power Supply Association (EPSA)
Industry speakers at EPSA's Competitive Power Summit focused on the electric industry's transition and the hurdles it must overcome to make it happen.
Generation owners in PJM say declining capacity prices and market participation in the Base Residual Auction demonstrate underlying issues with the market.
PJM capacity prices dropped in much of the RTO for delivery year 2024/25, but ratepayers in five regions will face increases due to locational constraints.
Generation owners say a PJM filing that asks FERC to approve a change to the parameters of the RTO’s 2024/25 capacity auction is a tariff violation.
RTO stakeholders presented FERC with a cornucopia of suggestions for dealing with electrification and the increasing penetration of renewables.
RTOs and others opposed FERC's proposed penalties for missing interconnection study deadlines while generation developers balked at commercial readiness rules.
Gas- and coal-fired generators said the sharp price drop in PJM’s 2023/24 capacity auction shows the RTO’s long-term reliability is at risk.
Legal challenges to the PJM MOPR do not just concern the RTO and its capacity market; they could set a precedent for how courts review tie votes at FERC.
Massachusetts broke from NESCOE's stance on the elimination of ISO-NE's MOPR, saying the rule should be disposed of as soon as possible, without any delay.
NERC and the regional entities expressed support last week for FERC's proposal for internal network monitoring at utilities, but said it is a complex task.
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