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By William Opalka If you want to see the value of dual-fuel capability, look no further than New York, where 47% of the generation can run on oil or natural gas. That flexibility helped NYISO meet its winter load — including a new winter peak of 25,738 MW — without...
The following issues were approved by stakeholders with little or no opposition Thursday. Markets and Reliability Committee Manual Changes Manual 11: Energy & Ancillary Services Market Operations and Manual 15: Cost Development Guidelines were revised to correct a typographical error. The words “mileage ratio” will be replaced with “mileage” in...
By Rich Heidorn Jr. PJM’s Capacity Performance proposal has done the near impossible: unite the RTO’s stakeholders. Virtually all of the more than 50 stakeholders who commented on the RTO’s revamp of the capacity market agreed that it goes too far, creates too much risk and is being rushed through...
Below is a summary of the issues scheduled to be brought to a vote at the Markets and Reliability and Members committees 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...
PJM’s Board of Managers will seek approval of changes in capacity auction parameters despite load-serving entities’ requests that it delay action pending consideration of staff’s Capacity Performance proposal. The board ordered staff to file changes resulting from the Triennial Review of the parameters with the Federal Energy Regulatory Commission by...
PJM’s Market Monitor overstepped its authority in calculating the maximum price generators can offer into capacity auctions, but the RTO’s Tariff may need to be changed to prevent a windfall to generators, the Federal Energy Regulatory Commission ruled. The commission ruled in favor of FirstEnergy Solution’s challenge to the Monitor’s...
Members deadlocked last week on changes to capacity market parameters, with none of five proposals winning a supermajority. As a result, the Board of Managers will decide for itself whether to seek Federal Energy Regulatory Commission approval for PJM staff’s proposed changes, including a shift in the shape and position...
Markets and Reliability Committee The Markets and Reliability Committee approved the following with little debate or discussion on Thursday. Manual Changes Approved Manual 12: Balancing Operations. Updates Section 4.5, “Qualifying Regulating Resources,” for clarity, accuracy and consistency, including a description of current regulation testing procedures; consolidates “PJM Actions” from previous...
PJM has consistently had among the highest uplift rates among RTOs and ISOs, according to a Federal Energy Regulatory Commission report released last week. The FERC staff report found that PJM’s uplift ranked second among organized markets from 2009 to 2013, with charges increasing from about $0.50/MWh to more than $1/MWh...
Below is a summary of the issues scheduled to be brought to a vote at the Markets and Reliability and Members committees 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...
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