November 26, 2024

Forward Capacity Auction (FCA)

FERC Approves Changes to ISO-NE Retirement Rules
FERC accepted rule changes meant to prevent generation owners in ISO-NE from exercising market power by retiring resources that are still economic.
FERC Affirms ISO-NE’s MOPR Exemption for Renewables
FERC has again upheld ISO-NE’s limited exemption for renewables from the RTO’s minimum offer price rule.
ISO-NE Again Defends Capacity Auctions
ISO-NE CEO Gordon van Welie last week again defended the RTO’s capacity auctions to congressmen who say market practices have led to inflated electricity rates for New England ratepayers.
ISO-NE Leaves Boundaries Unchanged for FCA 11
Transmission projects expected to be in service by 2020 are adequate to leave the boundaries of the four zones intact, ISO-NE said.
MISO Proposes Adding Forward Auction for Retail Choice Zones
Deregulated markets in MISO would get a three-year forward capacity auction beginning in 2018, under a proposal unveiled by the RTO.
Market Policies, Emissions Goals on Collision Course in New England
ISO-NE market rules favoring natural gas clash with renewable energy goals, speakers at the EUCI US/Canada Cross-Border Power Summit said.
Bill Would Force Review of a Split FERC’s Inaction
FERC's general counsel said  that there are “significant benefits” to allowing challenges to rates that take effect as a result of a commission deadlock.
Prices Down 26% in ISO-NE Capacity Auction
Prices dropped 26% in ISO-NE’s 10th Forward Capacity Auction as new resources more than made up for retiring generation.
FERC Orders Sloped Zonal Curves for FCA 11
FERC ruled that the ISO-NE Tariff is unjust and unreasonable because it uses vertical demand curves in constrained zones.
FERC Again Rebuffs Brayton Point Union
FERC denied rehearing of its June decision certifying the ninth Forward Capacity Auction results in ISO-NE.

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