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By Rory D. Sweeney VALLEY FORGE, Pa. — PJM’s Markets and Reliability Committee on Thursday rejected two proposals members said threatened the Capacity Performance construct, but it approved two others that would investigate potential changes in the rules. A proposal to change rules on penalties for underperformance failed in a...

By Rich Heidorn Jr. Market manipulation cases dominated FERC’s enforcement efforts in fiscal year 2016, responsible for more than two-thirds of the probes launched during the year, according to the Office of Enforcement’s 10th annual Report on Enforcement, released Thursday. The report said the office’s Division of Investigations opened 17...

By William Opalka The installed capacity requirement ISO-NE filed with FERC last week shows a continuing trend of slightly declining load growth and a greater reliance on behind-the-meter solar power (ER17-320). New England’s ICR for the upcoming 11th Forward Capacity Auction (delivery year 2020/21) is 34,075 MW. That represents a...

By Rory D. Sweeney PJM’s capacity and regulation market results were “generally competitive” in the first nine months of 2016 but remain vulnerable to stress, according to the Independent Market Monitor’s third-quarter State of the Market Report. The report by Monitoring Analytics added five new or modified recommendations on uplift,...

By Tom Kleckner FERC has accepted SPP’s Tariff revisions to clarify and consolidate the RTO’s out-of-merit energy (OOME) processes, scotching objections by several wind energy companies. The order is effective as of Aug. 10, 2016 (ER16-1912). In a Nov. 9 compliance filing, SPP revised the new OOME definition to clarify...

By Robert Mullin FERC has approved CAISO’s plan to fine-tune its procedure for preventing generators from exercising market power during local transmission constraints. The provision allows the ISO to increase the frequency of its intra-hour “mitigation runs” designed to determine whether transmission congestion is temporarily providing certain generators with market...

MISO said last week that it is ready to begin introducing improved modeling of its combined cycle generating fleet. The RTO will use a configuration-based combined cycle model that can mimic different combinations of combined cycle units and their dependencies, Yonghong Chen, MISO principal advisor of market development and analysis,...

By William Opalka New York’s generators have appealed to the NYISO Board of Directors to reject a rule change that would effectively cap capacity payments received by generators in a constrained zone. | Independent Power Producers of New York The Independent Power Producers of New York filed its appeal Nov.

By Robert Mullin Stakeholders last week voiced concerns about CAISO’s annual process for determining which “discretionary” policy initiatives the ISO should pursue in the coming year. Critics expressed confusion about the criteria CAISO uses to rank the list of prospective initiatives, of which only a few will be ultimately incorporated...

By Amanda Durish Cook CARMEL, Ind. — MISO will continue its current treatment of the sub-regional transfer limit in the Planning Resource Auction, both in deciding the initial limit and subtracting firm transmission reservations, RTO officials told the Nov. 2 Resource Adequacy Subcommittee meeting. Under that same approach, the preliminary...