Capacity Market
AWEA said PJM’s proposal to change how wind and solar capacity values are calculated does not account for the technologies’ performance improvements over the last decade.
In an assessment of this year’s load forecast, MISO told load-serving entities they could do more to support their individual forecasts with documentation.
With two months to go before Exelon says it will pull the plug on Three Mile Island, Pennsylvania lawmakers unveiled legislation to spend $500 million annually to subsidize the state’s nuclear fleet.
The New England Power Pool Markets Committee rejected ISO-NE’s interim proposal for compensating generators for fuel security. But the RTO plans to file the plan with FERC with or without stakeholder endorsement.
MISO revived the idea of implementing a seasonal capacity auction as part of its multipronged resource availability and need initiative, but promised to gather more data before defining long-term solutions.
The PJM MIC set up a showdown over whether the RTO can force capacity resources into energy-only status for failing to meet requirements.
Capacity market sellers expressed anxiety over PJM’s “parallel path” for its upcoming Base Residual Auction, urging staff to consider delaying the auction until FERC clarifies the minimum offer price rule.
FERC rejected Coalition of Midwest Power Producers' complaint that MISO is improperly accounting for the deliverability of some capacity resources.
PJM’s Market Implementation Committee, which approved changes to its must-offer exception rules in November, will consider 2 alternative proposals March 6.
FERC accepted rule changes broadening energy storage resources’ ability to provide capacity, energy, and ancillary services in ISO-NE’s markets.
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