Capacity Market
The MRC approved a proposal to strip capacity interconnection rights from generators that do not meet Capacity Performance requirements.
Record high natural gas demand and production highlighted FERC’s 2018 State of the Markets report.
PJM wants FERC to toss out the Independent Market Monitor’s complaint about its default market seller offer cap.
FERC’s chair appointed a new chief of staff and opined on PJM’s complex capacity rules, while lame-duck Commissioner LaFleur is not leaving just yet.
NYISO’s Business Issues Committee recommended the Management Committee approve Tariff revisions on a new market design for distributed energy resources.
ISO-NE will not alter its energy efficiency performance standards outside the stakeholder process, FERC reassured stakeholders Tuesday.
MISO now cautiously estimates that the benefits of a seasonal capacity auction would outweigh potential drawbacks.
MISO’s 7th annual capacity auction cleared at $2.99/MW-day in all but 1 zone, a significant decline compared with last year’s nearly uniform $10 price.
PJM will move forward with its August capacity auction under current market rules, unless FERC says otherwise, CEO Andy Ott told stakeholders.
Stakeholders are urging PJM’s Board of Managers to reschedule the upcoming capacity auction given the growing pile of FERC rulings not yet decided.
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