opportunity cost
FERC accepted CAISO’s proposal to allow for storage resources to bid above the ISO’s $1,000/MWh soft offer cap in the real-time market to account for their intraday opportunity costs.
PJM generators urged fellow stakeholders to support a unified opportunity cost calculator capable of wiping out the compliance risks of the current set-up.
FERC conditionally accepted CAISO’s Tariff revisions covering how it calculates opportunity cost adders for use-limited resources.
The PJM Markets and Reliability and Members committees agreed to fast-track a proposal on demand response.
The MRC voted on four packages of revisions as part of PJM’s quadrennial review of the VRR curve, but none of the proposals received majority support.
SPP stakeholders approved staff’s recommendation to remove AEP’s Wind Catcher project from the 2019 ITP assessment scope.
Use-limited resources will be allowed to attach opportunity cost adders to their bids in CAISO’s energy market under a proposal approved by FERC.
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