By Rich Heidorn Jr. PJM’s biggest news story of the year may well come Friday with the release of the results from last week’s capacity market auction. The 2018/19 Base Residual Auction – the results of which are due Friday afternoon — will be the first under the new Capacity...

By William Opalka ISO-NE and the New England Power Pool Participants Committee want to begin using the RTO’s system-wide sloped demand curve in their Annual Reconfiguration Auctions. The organizations submitted proposed Tariff changes to FERC that would apply the curve — first used in the ninth Forward Capacity Auction earlier...

VALLEY FORGE, Pa. — The Market Implementation Committee last week approved rule changes that will help the Illinois Municipal Electric Agency to meet its capacity requirements with historic resources. IMEA is among the load-serving entities that procured capacity resources outside of their locational deliverability areas to serve a portion of...

By Chris O’Malley Dynegy told federal regulators last week they should reject complaints over its bidding in MISO’s capacity auction last April, saying the challenges suffer from a “fatal” procedural flaw. In May, the Illinois Attorney General and Public Citizen filed complaints asking the Federal Energy Regulatory Commission to investigate...

By Suzanne Herel The Federal Energy Regulatory Commission on Wednesday said it needed more time to consider rehearing requests of its June 9 order largely approving PJM’s Capacity Performance plan after receiving a flurry of feedback from state regulators, consumer advocates, generators and the Independent Market Monitor. The order is...

The union representing workers at a Massachusetts power plant slated for closure is again asking federal regulators to reconsider its protest of capacity auction results in New England (ER15-1137). Utility Workers Union of America Local 464 last week asked the Federal Energy Regulatory Commission to rehear its order accepting results...

By Chris O’Malley The Federal Energy Regulatory Commission has conditionally granted a request by MISO to create a 10th local resource zone, in Mississippi (ER15-1771). The state currently is part of MISO Zone 9, which also consists of Louisiana and part of Texas. MISO’s Tariff requires that the RTO must...

WILMINGTON, Del. — Members approved changes to Manual 18 necessary to incorporate Capacity Performance in the upcoming Base Residual Auction. The motion passed over one objection and 25 abstentions. PJM officials said stakeholders have expressed concern about approving manual language when some aspects of the new product are still in...

By Chris O’Malley Illinois Attorney General Lisa Madigan last week joined industrial consumers in calling for changes to MISO's capacity auction rules, while the RTO defended itself, in filings with federal regulators. Madigan MISO’s rules “are no longer just and reasonable and require modification,” Madigan said in comments filed July...

By Rich Heidorn Jr. PJM will delay the transition auctions for the new Capacity Performance regime to comply with a Federal Energy Regulatory Commission order that the RTO include demand response and energy efficiency. FERC ruled 4-1 late Wednesday that the auctions, which were set to begin July 27, would...