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Markets and Reliability Committee Black Start Packages Rejected PJM is back to the drawing board as two different solution packages aimed at addressing the disputed black start unit issue were rejected by stakeholders at last week’s Markets and Reliability Committee meeting. The RTO’s option 1 package, which emerged as the...
FERC on Tuesday mostly accepted PJM’s tariff revisions accounting for when the default offer price floor exceeds the market seller offer cap (MSOC) under the RTO’s expanded minimum offer price rule (MOPR) (EL16-49-004, et al.). In a ruling in October, the commission rejected PJM’s revisions to the MSOC, saying it...
FERC spent its last open meeting during President Trump’s tenure welcoming a new member and rejecting proposed orders by outgoing Chairman James Danly. Normally held on the third Thursday of the month, the commission’s monthly open meeting was moved to Tuesday, the day before President-elect Joe Biden’s inauguration. It was...
A new report explores ways for New England to overcome the growing conflicts between states’ clean energy goals and the functioning of ISO-NE wholesale markets. The "Pathways to the Future Grid Process" report, part of New England’s Future Grid Initiative, focuses on four approaches that could potentially smooth tensions between...
If 2019 was a turbulent year for PJM as it dealt with fallout from the GreenHat Energy default and the emergence of the minimum offer price rule (MOPR) issue, 2020 proved an even bigger challenge with a worldwide pandemic. COVID-19 was the defining problem of the year as PJM worked with...
Markets and Reliability Committee Stability Limits in Markets and Operations PJM stakeholders at last week’s Markets and Reliability Committee meeting heard a first read of manual language advanced regarding a stability limits capacity constraint proposal that some members are still challenging. PJM and the Independent Market Monitor put forward the...
FERC on Thursday rejected a PJM joint stakeholder proposal regarding end-of-life (EOL) projects, siding with transmission owners who argued moving EOL projects under the RTO’s planning authority violated their rights (ER20-2308). The commission also reaffirmed its August decision accepting the TO sector’s own Tariff amendments concerning EOL projects, rejecting arguments...
The Northeast Energy and Commerce Association (NECA) held its 19th Power Markets Conference virtually Nov. 19, featuring three panels discussing the impact of renewable energy integration on reliability, transmission and market rules. The event also boasted two keynote speakers. The first, a longtime energy journalist, touched on the recent election...
Three energy industry CEOs shared their thoughts on New England’s electric transformation last week at the Connecticut Power and Energy Society’s virtual fall conference. "The Future of Energy" featured Gordon van Welie of ISO-NE, FirstLight Power’s Alicia Barton and Curt Morgan of Vistra. Here is some of what they discussed...
