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PJM capacity prices would increase sharply but reliability would not be threatened if a recent federal court ruling eliminated demand response from wholesale markets, according to a new report by the Independent Market Monitor. Market Monitor Joe Bowring said the sensitivity analysis released last week is intended to help stakeholders...
HERSHEY, Pa. — As PJM’s chief operating officer, Audrey Zibelman helped design PJM’s Reliability Pricing Model. Now the chair of the New York Public Service Commission, Zibelman says she has a “different prism” for viewing capacity markets. Audrey Zibelman, NY PSC “Centralized procurement may not be good for everything we...
PJM will attempt to win stakeholder approval for limited changes to the compensation rules for black start units and a plan for selecting “backstop” resources for regions that fail to secure service through competitive solicitations. In February, stakeholders rejected two proposals that would have boosted payments to existing black start...
The California ISO won approval last week to expand its real-time energy imbalance market (EIM) beyond state borders, with PacifiCorp and NV Energy slated to become the first to join. With the Federal Energy Regulatory Commission’s approval of CAISO’s proposal (ER14-1386) and related PacifiCorp Tariff changes (ER14-1578), the expanded market...
The Federal Energy Regulatory Commission will convene workshops beginning this fall to consider rule changes regarding uplift, price caps and other issues affecting price formation in PJM and other RTOs and ISOs. The commission said its inquiry was prompted by comments made at recent technical conferences on capacity markets and...
By David Jwanier and Rich Heidorn Jr. Load representatives concerned by reports of generators’ bidding strategies in May’s capacity auction reacted Wednesday by threatening to block an Exelon Corp. initiative to provide more informative supply curves. The measure — which would change the smoothing method used in the supply curves...
Questions multiplied faster than answers last week following an appellate court ruling that threw out the Federal Energy Regulatory Commission’s jurisdiction over demand response compensation. Market leader EnerNOC issued a statement May 27 saying that the energy payments that are the subject of Order 745 were responsible for only 2%...
Businesses with up to 100 kW in annual peak demand will be exempt from the new 30-minute notice rule for demand response providers under a compliance filing yesterday by PJM. In approving the new “operational” DR rules last month, the Federal Energy Regulatory Commission ordered PJM to add small commercial...
Below is a summary of the issues scheduled to be brought to a vote at the Markets and Reliability Committee 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. RTO...
The Members Committee re-elected Ake Almgren, Susan J. Riley and Charles F. Robinson to the Board of Managers, a formality given that the three were running unopposed. The three were recommended by the Nominating Committee, which includes Board Chairman Howard Schneider, Board Member Jean Kinsey and representatives of each of...
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