Voltus
Voltus filed a complaint with FERC against MISO, alleging the RTO’s “11th-hour” changes in testing and contract proof requirements ahead of the spring capacity auctions will harm demand response resources and affect rates.
FERC authorized another penalty concerning demand response violations in the MISO capacity market, this time approving an $18 million settlement over Voltus reportedly falsifying registrations and overstating capacity from 2017 to 2021.
Voltus filed a complaint at FERC over MISO's interpretation of a recent rule change that led the grid operator to stop accepting replacements for customers who sign up to provide demand response but retire.
Former FERC Chair Neil Chatterjee is joining Voltus, where he will advise the firm as it engages in the implementation of Order 2222, which was issued under his chairmanship at the regulator.
The dispute between Exelon and Constellation Energy continued to play out in FERC, as the latter and others protested a series of filings from the former’s utilities seeking to implement new rules for co-locating data centers at power plants in their territories
A PJM discussion on expanding the demand response winter availability window to include a wider range of hours branched off into a broader conversation on how the resource class participates in the RTO's capacity market.
Generation owners say the increase in PJM capacity prices is the signal they need to invest in new development, while consumer advocates say the backlogged interconnection queue could limit the ability for market participants to react.
PJM’s Market Implementation Committee endorsed by acclamation a proposal to revise two financial inputs to the quadrennial review to reflect changing market conditions, particularly increased interest rates.
Generators that plan to come online by the start of the 2025/26 delivery year will have until Dec. 12 to notify PJM of their intent to participate in the Base Residual Auction for that year.
Voltus withdrew a demand response resource issue charge, while AEP and Dominion proposed a capacity obligation issue charge.
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