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May 7, 2024

Capacity Market

© RTO Insider LLC
PJM MIC Briefs: May 1, 2024
The PJM Market Implementation Committee endorsed by acclamation a rewrite of Manual 18 to implement market redesigns drafted through the critical issue fast path process.
Dominion Energy
OSW, Data Centers Loom Large in Dominion’s Outlook
Dominion expects to start installing monopiles for the Coastal Virginia Offshore Wind project between May 6 and 8, CEO Robert Blue told analysts during the company’s first-quarter earnings call.
J.Ranck Electric
Stakeholders Deliver Negative Reactions to Proposed MISO Capacity Accreditation at FERC
Stakeholder voices criticizing the design of MISO’s proposed, probabilistic capacity accreditation outnumbered those expressing support before FERC.
PJM
PJM MRC Briefs: April 25, 2024
The PJM Markets and Reliability Committee delayed voting on a proposal to establish a multi-scenario long-term transmission planning process to allow stakeholders to see what action FERC may take on regional planning.
MISO
Missouri Zone Comes up Short in MISO’s 2nd Seasonal Capacity Auction, Prices Surpass $700/MW-day
MISO said its second seasonal capacity auction returned sufficient capacity in all zones except a portion of Missouri, where prices soared to more than $700/MW-day in fall and spring.
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MISO’s Sloped Demand Curve Plan Draws 2nd Deficiency Letter
FERC once again said it needs more information on clearing price caps before MISO can proceed with sloped demand curves in its capacity auctions.
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PJM Stakeholders Considering Changes to Generation Deactivation Compensation and Timelines
PJM and the Independent Market Monitor presented the Deactivation Enhancement Senior Task Force with two proposals to increase the notification generators seeking deactivation must provide PJM and standardize compensation for those that enter into agreements to continue operating beyond their desired retirement date.
PJM Interconnection
Stakeholders Spar over PJM Request to Recalculate Capacity Auction Results
Stakeholders filed comments debating PJM’s request that FERC direct it to recalculate the results of the 2024/25 Base Residual Auction and rerun the third Incremental Auction.
Siena College
NYISO Management Committee Briefs: March 27, 2024
The NYISO Management Committee approved tariff revisions for co-located storage resources and capacity accreditation models, reviewed annual satisfaction survey results, and received updates on board compensation and Order 2023.
NYISO
Stakeholder Soapbox — There and Back Again: D.C. Circuit Again Considers NYISO’s Approach to Zero-Emission Mandate
Dozens of states have adopted emission-reduction targets aimed at fighting climate change. But how should RTOs account for those initiatives when their effects are delayed, uncertain, expensive for consumers or all of the above? 

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