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By William Opalka FERC last week granted renewable energy resources an exemption from buyer-side mitigation rules in New York’s installed capacity market, a change it said will help the state comply with federal carbon emission rules. The commission also exempted self-supply resources built by load-serving entities to meet their own...

The Market Implementation Committee last week approved rule changes implementing a new Tier 1 resource compensation plan that the group endorsed in July. The changes passed with 28 opposed and 16 abstentions. The policy requires changes to Manual 11: Energy & Ancillary Services Market Operations; Manual 28: Operating Agreement Accounting;...

By Rich Heidorn Jr. A study released last week by the American Public Power Association estimates that PJM’s Capacity Performance rules will increase costs to consumers by $7.3 billion over the 2016-2019 delivery years — a tally in line with PJM’s own estimates. But while PJM says the increased capacity...

By Amanda Durish Cook FERC has begun a non-public investigation over allegations of improprieties in MISO's April capacity auction and will hold a technical conference on the matter Oct. 20. The commission’s actions, disclosed last week, are in response to complaints filed by Illinois Attorney General Lisa Madigan, Southwestern Electric...

VALLEY FORGE, Pa. — PJM is proposing a Tariff change that would allow it to release Base Capacity resources to reflect the Capacity Performance resources it acquired in the transition auctions for the 2016/17 and 2017/18 delivery years. The RTO uses its incremental auctions to sell excess capacity, or purchase...

By Marji Rosenbluth Philips It’s no secret that Direct Energy believes that PJM's Capacity Performance market structure, approved by FERC, is both over-priced and unlikely to achieve its intended results. In this op-ed piece, we explain why. PJM's Reliability Pricing Model was not designed to deal with winter peaks and...

By Rich Heidorn Jr. Generators asked PJM stakeholders last week to consider changes to the RTO’s new Capacity Performance program, saying the rules approved by the Board of Managers without stakeholder consensus are overly punitive. A group calling itself the “Supplier Coalition” asked the Markets and Reliability Committee to consider...

By Rich Heidorn Jr. WASHINGTON — A key House committee last week approved what would be the first comprehensive energy legislation in eight years, but hopes for passage dimmed after Republican amendments eroded bipartisan support. H.R. 8, the North American Energy Security and Infrastructure Act of 2015, cleared the House...

By William Opalka SARATOGA SPRINGS, N.Y. — Political leaders’ urge to “do something” to combat high winter power prices risks undermining ISO-NE’s power market just as it has begun adding new generation, the head of the New England Power Generators Association said last week. Dolan “We’ve seen new investment come...

IPPNY President Gavin Donohue said generators are willing to work with New York regulators regarding the state’s capacity market but said it’s unclear what changes are being sought. “What problem are we trying to solve?” he asked. “We’ve had stresses on the system during the winter [and] during the summer...