Capacity Market
Politicians increasingly are interested in wholesale markets, which has meant price caps but also is pushing regulators and the industry to move faster on meeting rising demand affordably and reliably.
President Donald Trump gathered seven tech leaders at the White House to sign a ratepayer protection pledge holding that they will pay all the costs associated with the boom in construction of data centers.
Stakeholders endorsed PJM’s recommended installed reserve margin and forecast pool requirement for the 2028/29 Base Residual Auction at the Markets and Reliability Committee meeting.
PJM and stakeholders laid out their initial thoughts on the structure of the in-development reliability backstop procurement as the RTO looks to meet a September target set out by the White House and all 13 member states’ governors.
Two PJM proposals would revise its tariff to extend the collar on capacity prices for two more years and implement an expedited interconnection track for large projects to bring new capacity online quickly.
FERC upheld its approval of Constellation Energy’s purchase of Calpine while also addressing arguments from consumer and environmental groups.
PJM's Markets and Reliability Committee and Members Committee will be asked to endorse the recommended IRM and FPR values for the 2028/29 BRA.
ISO-NE updated stakeholders on its methods for assessing the impacts of its proposed capacity market overhaul as it prepares to release the initial results of the long-awaited analysis.
With costs associated with ISO-NE’s new day-ahead ancillary services market far exceeding expectations, the RTO is working to fast-track changes to improve the efficiency of the market in time for next winter.
PJM, Voltus and the RTO’s Independent Market Monitor presented proposals to establish penalties for demand response and price-responsive demand resources that fail to perform during a pre-emergency load management event.
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