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New York officials are considering a plan to increase the capacity of the proposed Champlain Hudson Power Express (CHPE) line by 25%, from 1,000 MW to 1,250 MW. The state’s Public Service Commission on Wednesday held a public hearing on the proposed change to the $3 billion HVDC line, which...
FERC on Thursday confirmed that New York Transmission Owners (NYTOs) have a federal right of first refusal (ROFR) under the ISO’s tariff and Order 1000 to build and recover the costs of upgrades to their transmission facilities, even if the upgrades are part of another developer’s project selected by the...
FERC on Friday approved requests by MISO, SPP and PJM to delay their Order 2222 compliance filings by up to nine months. The September 2020 order required RTO markets to permit participation by distributed energy resource aggregators, with compliance filings due July 19. In granting the RTOs’ requests for delays...
Last week’s joint meeting of the NEPOOL Markets and Reliability committees produced a consensus framework document and assumptions for Phase 1 of the Future Grid Reliability Study, which is intended to predict the impact of New England states’ policies to reduce carbon emissions and electrify buildings and transportation as part of the Future Grid Initiative.
FERC last week granted MISO permission to embed the production costs of providing spinning reserves in its market prices. The commission said in an order March 18 that the RTO’s plan to add a deployment cost adder for suppliers of spinning reserves is fair (ER21-679), although Commissioner Allison Clements expressed...
PJM stakeholders endorsed an issue charge regarding the allocation of capacity transfer rights (CTRs) after delaying the vote last month when stakeholders raised questions about the initiative’s scope and potential impact. The vote on the issue charge, originally advanced by Buckeye Power, was endorsed with 79% support at last week’s...
Texas Gov. Greg Abbot (R) on Friday rejected Lt. Gov. Dan Patrick’s (R) call to fire Public Utility Commission Chair Arthur D’Andrea, who has steadfastly refused to reprice billions of ERCOT market transactions during that occurred the February storm that almost collapsed the grid. On Friday evening, Patrick called on...
PJM’s Independent Market Monitor sounded alarms about market power in the energy and capacity markets Thursday and said it may intervene in the RTO’s next Base Residual Auction in May. Joe Bowring, president of IMM Monitoring Analytics, made his comments in releasing the 2020 State of the Market report. Bowring...
The U.S House of Representatives’ principal oversight committee on Wednesday joined the roster of agencies investigating ERCOT following last month’s severe winter storm that plunged more than 4 million Texans into darkness for several days and left 14 million without water. The Committee on Oversight and Reform’s Subcommittee on Environment...