pay-for-performance
The NEPOOL Participants Committee voted to change its bylaws to formalize the policy of banning the press from attending its meetings.
High uplift costs, market power and the capacity market highlighted the External Market Monitor’s concerns in the ISO-NE State of the Market report.
New England regulators agreed that their region faces a growing winter reliability challenge but expressed skepticism over ISO-NE’s proposed solutions.
Gas supply for New England and Southern California is the top reliability concern for the coming winter, FERC officials said.
Consultants on either side of MISO’s rejected capacity auction redesign faced off in a debate at the Gulf Coast Power Association's conference.
The Clean Power Plan was the hot topic at the NARUC winter meetings, but attendees also heard discussions about the growth of wind and a debate on capacity markets.
FERC had said neither ISO-NE’s nor the New England Power Pool’s proposals in themselves addressed performance adequacy, but the commission adopted elements of both.
ISO-NE will again rely on the winter reliability program it has used for the last two winters, which gives oil generators incentives to secure fuel at the beginning of the winter.
RTO officials and market players new performance incentives and the pros and cons of energy-only scarcity pricing at EUCI’s Capacity Market conference.
ISO-NE and the New England Power Pool have asked federal regulators to choose between competing proposals in a “jump ball” proceeding that would cover the next three winters.
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