Jim Henderson, CC BY-SA-4.0, via Wikimedia Commons
FERC approved NYISO’s tariff revisions that change the mechanism by which generators opt in to the “firm fuel” capacity accreditation resource class, enable modeling improvements related to natural gas constraints and update the bidding requirements for capacity suppliers.
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FERC has a tightrope to walk in balancing the requirements of a White House executive order requiring sunset clauses in regulations pertaining to energy, some of which are foundational to the economic regulation of electricity, while keeping its response in line with the Administrative Procedure Act.
CAISO
California should have plenty of electricity available to meet demand over the next few years, even during extreme weather events or if new energy resource installations are delayed, a California Energy Commission report said.
Potomac Economics
MISO has filed with FERC to impose more exacting testing on its demand response resources in an effort to deflect fraud.
PJM
The Planning Committee endorsed by acclamation a PJM proposal to rework how it determines which jurisdiction a resource point of interconnection falls under.
Vineyard Wind
Nantucket said the agreement with GE Vernova for the Vineyard Wind 1 incident is compensation for costs and losses sustained by the town and local businesses.
Ben Schumin, CC BY-SA-2.0, via Wikimedia
Earthjustice claimed that NYISO’s latest annual “Power Trends” report was full of misleading statements that favor new natural gas generation in a letter to New York state officials.
PJM
PJM presented manual revisions to reflect the generation deactivation process stakeholders approved in January.
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The Market Implementation Committee endorsed a proposal to allow demand response resources with behind-the-meter storage to participate in the regulation market when there is the capability for energy injections.
PJM
Key challenges in the review are tightening supply and demand, the uncertain cost of new capacity and accounting for changes PJM has made to how it identifies reliability risks and determines the capacity value for different resource types.
