Capacity Market
FERC ended its enforcement action against the Salem Harbor Power Station, dropping allegations that plant operators made ISO-NE supply offers they could not meet.
PJM’s Independent Market Monitor asked FERC to order changes to the RTO’s Capacity Performance assumptions, saying the current rules allow sellers to exercise market power.
FERC approved a MISO proposal requiring owners of load-modifying resources to provide clearly documented commitments regarding their availability before participating in the capacity market.
ISO-NE CEO Gordon van Welie said his concerns about New England’s ability to keep the lights on continue to grow despite enacted market rule changes.
Two groups petitioned FERC for a declaratory order regarding ISO-NE’s possible attempt to impact the eligibility of energy efficiency capacity resources.
PJM would be tasked with updating the testing rules for rarely dispatched DR resources under a problem statement and issue charge presented to members.
Stakeholders are urging MISO to slow downits disjointed resource availability and need effort until it can measure the effects of 3 related FERC filings.
MISO’s recent resource adequacy filings with FERC will affect the timeline of an otherwise unremarkable capacity auction in terms of load forecasts.
PJM stakeholders failed again to reach agreement on energy price formation rules, as a last-ditch effort at compromise fell short in a sector-weighted vote.
ISO-NE concluded Forward Capacity Auction 13, the 1st run under the CASPR rules, at the lowest clearing price in six years.
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