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VALLEY FORGE, Pa. — A months-long debate over whether to create “historic” capacity rights for some load-serving entities took a twist last week when PJM staff returned with a different proposal angled to achieve the same result. “This has very little similarity, if any, to the previous approach,” PJM’s Jeff...

By Rich Heidorn Jr. and Suzanne Herel The Federal Energy Regulatory Commission on Tuesday approved PJM's dramatic restructuring of its capacity market, saying the changes were justified by “the combination of deteriorating resource performance and the ongoing change in the resource mix in the PJM region.” The proposal, a response...

By William Opalka Increased use of renewable energy will depress energy prices, increase capacity prices and lead to early retirement of some baseload plants, according to a discussion paper by ISO-NE. Conceptual illustration of potential transmission for 12,000 MW wind scenario. (Click to zoom) The RTO said renewables’ low operating...

By Chris O’Malley A consumer group and the Illinois Attorney General have asked the Federal Energy Regulatory Commission to launch an investigation into whether Dynegy illegally manipulated MISO’s Planning Resource Auction last April, resulting in a nine-fold price increase in Zone 4. Public Citizen Inc. also alleged that MISO brushed...

WILMINGTON, Del. — PJM likely will recommend reducing a proposed $30,000 fee for studying transmission projects of $20 million or more. PJM has deferred filing the plan with FERC pending further review, Paul McGlynn, general manager of system planning, told the Markets and Reliability Committee on Thursday. McGlynn said that...

By Chris O’Malley and Rich Heidorn Jr. INDIANAPOLIS — MISO will release the results of its latest resource adequacy survey later this month, after a survey last year caused alarm, with forecasts of capacity shortages in three zones in MISO North and Central. How bad will the new numbers be?...

By Rich Heidorn Jr. ATLANTIC CITY, N.J. — PJM officials and the Independent Market Monitor are considering changes to the treatment of virtual transactions to reduce uplift and gaming opportunities and allow quicker solving of the day-ahead energy market. PJM Executive Vice President for Operations Mike Kormos and Market Monitor...

Below is a summary of the issues scheduled to be brought to a vote at the Markets and Reliability Committee on Thursday. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage in RTO Insider.

By Suzanne Herel ATLANTIC CITY, N.J. — Consumer environmental advocates told the PJM Board of Managers last week that the Capacity Performance proposal could saddle ratepayers with excessive costs because of its treatment of renewable energy. They made their case during their annual meeting with the board last week, at...

By Rich Heidorn Jr. ATLANTIC CITY, N.J. — To shake or not to shake the Money Tree? Joe Bowring © RTO Insider That was the question Independent Market Monitor Joe Bowring posed during his Year in Review presentation at PJM's Annual Meeting last week, setting off a lively debate with...