energy and ancillary services (E&AS)
Fletcher, CC BY-SA 4.0, via Wikimedia Commons
ISO-NE is targeting 2025 for the launch of its Day-Ahead Ancillary Services Initiative, to ensure reliable next‐day operating plans with increasing renewables.
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.
Potomac Economics is recommending that NYISO take a comprehensive approach to lowering the costs of satisfying the grid’s needs and improving incentives.
FERC accepted PJM’s compliance filing restoring the historical energy and ancillary services revenue offset used in the RTO’s capacity market.
FERC ordered PJM to remove the 10% cost adder for the reference resource used to establish the VRR curve in the RTO’s capacity market.
PJM staff told stakeholders they were seeking to move the upcoming BRA originally scheduled for later this month to the end of June to comply with FERC.
PJM's upcoming 2023/24 BRA is set to be delayed again after FERC partially reversed its 2020 decision on the RTO’s energy price formation revisions.
Panelists at a FERC technical conference on energy and ancillary services markets agreed that rules should be changed to incent new resource types.
Stakeholders discussed ISO-NE’s revised proposal for FERC Order 2222 compliance and removal of the MOPR at NEPOOL's three-day summer meeting.
ISO-NE presented its revised Order 2222 compliance proposal to the NEPOOL Markets Committee, including changes to EAS market participation and more.
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