Articles Tagged with ''minimum offer price rule (MOPR)''

PJM and its Independent Market Monitor must consider generator operating lives of more than 20 years under the  unit-specific review process, FERC said Friday, partially granting a complaint by the developer of a combined cycle plant under construction in Illinois (EL21-62). The ruling came less than a week before PJM’s...

PJM on Wednesday defended its handling of Dominion Energy Virginia’s decision to opt out of the May 19 capacity auction, rejecting a complaint by LS Power (EL21-72). But the RTO’s Independent Market Monitor and two groups of independent power producers joined LS Power in calling for FERC to block Dominion’s...

LS Power asked FERC on Friday to block Dominion Energy from opting out of PJM’s May 19 capacity auction, saying the RTO violated its rules by accepting the utility’s fixed resource requirement (FRR) election (EL21-72). PJM’s Reliability Assurance Agreement (RAA) requires that load-serving entities choosing the FRR must exit the...

ISO-NE COO Vamsi Chadalavada on Thursday presented updates on the RTO’s 2021 Annual Work Plan to the NEPOOL Participants Committee, including the addition of a project to address the removal of the minimum offer price rule (MOPR) from the capacity market. ISO-NE COO Vamsi Chadalavada | ISO-NE The MOPR requires...

Dominion Energy Virginia has abandoned PJM’s capacity market over concerns the minimum offer price rule (MOPR) will undermine its ability to meet Virginia’s ambitious renewable energy targets. The utility confirmed Wednesday it has chosen the fixed resource requirement (FRR) for capacity year 2022/23 for more than 60 generating units totaling...

PJM has introduced its initial proposal to address issues with its capacity market model and the expanded minimum offer price rule (MOPR), suggesting to shift the burden of determining what resources are subject to the rule away from the RTO and the Independent Market Monitor to FERC itself. | PJM...

FERC received dozens of comments Monday, the final day for stakeholders to answer questions on the future of PJM’s capacity market and solutions for the expanded minimum offer price rule (MOPR). A total of 40 stakeholders issued comments on a series of questions the commission posed after its technical conference...

After more than a year of lockdowns and cancellations stemming from the COVID-19 pandemic, a major energy conference will have in-person attendance early this summer. The Mid-Atlantic Conference of Regulatory Utilities Commissioners (MACRUC) announced last week that its 26th annual Education Conference will take place from June 27 to 30...

ISO-NE and NEPOOL jointly filed updated offer review trigger price (ORTP) values with FERC on Wednesday for Forward Capacity Market (FCM) parameters in the 2025/26 capacity commitment period (ER21-1637). Filing under the "jump ball" provision of the Participants Agreement gives the RTO’s proposal and a stakeholder-backed alternative equal legal standing and provides...

FERC is asking for stakeholder comments regarding its technical conference last month on capacity markets and the role of PJM’s expanded minimum offer price rule (MOPR) in its market (AD21-10). The conference, which took place March 23, featured discussions on the role of capacity market designs in PJM, ISO-NE and...