LS Power
FERC granted Great Basin Transmission’s request for incentives and a transmission owner tariff for its SWIP-North line – rejecting arguments that the project no longer makes sense with the cancellation of the Lava Ridge wind farm.
PJM’s Markets and Reliability Committee endorsed by acclamation a proposal to use only cost-based offers for resources committed in advance of the day-ahead energy market.
NEPOOL members proposed several amendments to the first phase of ISO-NE’s capacity market overhaul prior to the scheduled Markets Committee vote on ISO-NE’s proposal in November.
The PJM Market Implementation Committee voted to endorse two packages of revisions to key parameters of the capacity market out of six offered by PJM and stakeholders that resulted from the Quadrennial Review.
ISO-NE kicked off NEPOOL discussions for the second phase of its capacity auction reform project, beginning long-awaited talks on accreditation and seasonal capacity auction changes.
ISO-NE said it is open to capping the balancing ratio used to calculate Pay-for-Performance payments to prevent capacity resources from being required to provide more power than their capacity supply obligations.
PJM's IMM is pushing for limits on NRG after it completes its deal with LS Power to prevent its exercise of market power, but the firm argues they are unneeded and the Monitor has failed to show its math
The Markets and Reliability Committee rejected three proposals to revise aspects of PJM’s effective load-carrying capability accreditation model.
FERC partly granted a complaint from LS Power challenging the calculation of opportunity cost adders, requiring operating agreement revisions.
The Department of the Interior is moving to cancel the Lava Ridge Wind Project, a gigawatt-scale wind farm proposed on thousands of acres of federal land in Idaho.
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