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By Amanda Durish Cook MISO's annual capacity auction again produced disparate, roller coaster results, with prices in three zones more than quintupling compared to last year while results in Zone 4 dropped by half. MISO said unit retirements and capacity exports throughout its Midwest region led to six of the 10...
Plan: Continue Cold Weather Testing, End Compensation for CP Participants
Apr 11, 2016
PJM is proposing to continue winter testing but stop compensating Capacity Performance players for it. Operating Committee Chairman Mike Bryson said the idea is that those participants would be expected to factor the cost into their offers. After some members questioned that plan, Bryson said he would take their comments...
New York’s natural gas demand set a single-day record in February, although the winter was much milder than the average over the past 30 years. The winter operations review presented at the NYISO Management Committee meeting on Wednesday showed that only three relatively brief cold snaps occurred over the winter,...
By William Opalka ISO-NE CEO Gordon van Welie last week again defended the RTO’s capacity auction to congressmen who say market practices have led to inflated electricity rates for New England ratepayers. In an eight-page, single-spaced letter sent Monday, van Welie reminded the New England congressional delegation of his testimony...
By Amanda Durish Cook A MISO proposal to hold a separate forward capacity procurement auction for deregulated areas is meeting with skepticism from some RTO members. Dynegy's Baldwin Energy Complex in southern Illinois. Some generators in retail choice regions of MISO such as southern Illinois have exported their power to...
By Suzanne Herel Eleven generating companies, including Calpine, Dynegy and NRG, have asked FERC to expand PJM’s minimum offer price rule in time for May’s 2019/20 Base Residual Auction, as the Public Utilities Commission of Ohio is poised to rule on power purchase agreements for FirstEnergy and American Electric Power.
By William Opalka WESTBOROUGH, Mass. — ISO-NE will propose that the zonal boundaries for its 11th Forward Capacity Auction remain unchanged from those set for this year’s auction. Transmission projects expected to be in service by 2020 are adequate to leave the boundaries of the four zones intact for the...
By Amanda Durish Cook NEW ORLEANS — Deregulated markets in MISO would get a three-year forward capacity auction beginning in 2018, under a proposal unveiled by the RTO last week. Dynegy's Baldwin Energy Complex in MISO The RTO announced the proposal after reviewing stakeholder recommendations for addressing the capacity needs...
By William Opalka BOSTON — ISO-NE market rules favoring natural gas are on a collision course with state and federal environmental mandates, speakers at the EUCI US/Canada Cross-Border Power Summit said Tuesday. Left to itself, renewable energy advocates said, the market would dictate a shift to natural gas, and only...