Independent Market Monitor (IMM)
Amid the Independent Market Monitor’s denunciation of MISO’s fleet assumptions for long-term transmission plans, lead planners defended their approach to planning for 2040.
MISO’s Independent Market Monitor took his concerns to stakeholders over what he deems unrealistic fleet assumptions in MISO’s long-range transmission planning.
PJM's Markets and Reliability Committee deferred voting on an issue charge to create a new senior task force focused on compensation for reliability-must-run contracts and the timing of deactivation notices.
PJM and stakeholders presented their final CIFP proposals and posted executive summaries explaining how their packages would redesign the RTO's capacity market.
The court reaffirmed FERC's order eliminating the default offer cap, denying generators' claims that the changes to PJM's market seller offer cap deprived them of the ability to set their own rates.
PJM completed its delivery of a sprawling presentation outlining its envisioned overhaul of the capacity market, followed by stakeholder presentations from Calpine, Daymark Energy Advisors and the East Kentucky Power Cooperative.
MISO IMM David Patton appeared before the Market Subcommittee to again criticize the future resource mix assumptions MISO is using to craft a second long-range transmission plan.
In the wake of MISO’s first seasonal capacity auction, members have asked the RTO to improve its generator outage rules, preliminary data sharing and the registry tool used to track capacity.
MISO’s IMM debuted five new recommendations as part of his annual State of the Market Report, as multiple suggestions were aimed at maximizing transmission utilization by clamping down on wind-related congestion.
PJM officials and stakeholders told FERC they oppose abandoning the RTO’s capacity market but disagree over the degree to which it needs to be changed.
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