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The results of PJM’s 2022/23 Base Residual Auction were not competitive, according to a report released last week by the RTO’s Independent Market Monitor.
ISO-NE’s 16th Forward Capacity Auction will likely have similar outcomes to last year’s, observers say, even as debate swirls around the market’s future.
ISO-NE has proposed maintaining its MOPR for the next two capacity auctions and eliminating it for FCA 19, with RTR exemptions of 700 MW over that period.
Resource adequacy concerns and market rules and transmission infrastructure to support state clean energy policies highlight the issues facing ISO-NE in 2022.