Capacity Market
Central Hudson, Con Edison, National Grid and the Natural Resources Defense Council have co-submitted a proposal to the NYISO project prioritization process asking the ISO consider developing a capacity market based around retaining existing resources.
The Internal Market Monitor weighed in on ISO-NE's proposed capacity market overhaul, expressing support for increased flexibility around resource retirement notifications and recommending the elimination of the pivotal supplier test.
FERC’s resource adequacy technical conference zoomed out on the second day, June 5, with several panels examining ISO-NE, MISO and NYISO.
FERC spent June 4-5 looking into resource adequacy across the markets it regulates.
As NYISO conducts its Capacity Market Structure Review, its Market Monitoring Unit and FTI Consulting say it should reject the idea of bifurcated pricing.
FERC will hold a two-day technical conference June 4-5, where it will look at resource adequacy issues in the ISO/RTO markets, with most of the focus on those with capacity markets.
The PJM Markets and Reliability Committee endorsed a proposal intended to add transparency to the RTO’s effective load-carrying capability process.
NYISO presented an outline of how it plans to implement storage-as-transmission assets, drawing critiques from stakeholders representing end-use customers and generators.
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