pay-for-performance
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.
Speakers at the PJM Grid 20/20 symposium discussed the challenges of the electric industry’s historic shift to natural gas.
PJM’s Capacity Performance plan approved by the Federal Energy Regulatory Commission borrows elements from ISO-NE’s Pay-for-Performance program.
FERC backtracked from its January order directing ISO-NE to develop a market-based approach for its winter reliability program later this year.
ISO-NE asked FERC last week to reverse its order directing a market-based solution for the next winter reliability program.
The ninth Forward Capacity Auction in ISO-NE saw prices increase by about one-third as 1,400 MW of new resources cleared to replace retiring coal plants.
ISO-NE must find a market-based solution for ensuring adequate generation by next winter, the FERC said last week in a clarification of a previous order.
FERC rejected a challenge by NESCOE to recalculate the contributions of DR and distributed resources in advance of ISO-NE FCA 9.
ISO-NE has underestimated the impact of distributed generation and its pay-for-performance (PFP) program on the upcoming FCA 9, state officials told FERC.
ISO-NE generators, including NEPGA, asked FERC to change the New Entry Pricing Rule and the Peak Energy Rent Adjustment ahead of February’s FCA 9.
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