Capacity Market
Industry experts say that while DOE's report points to a well known issue, it focuses only on keeping old plants online instead of needed new capacity.
IESO’s Technical Panel approved measures to reduce unfulfilled capacity commitments and began discussion of proposed changes for how the ISO breaks ties in its annual auctions.
MISO has filed with FERC to impose more exacting testing on its demand response resources in an effort to deflect fraud.
Key challenges in the review are tightening supply and demand, the uncertain cost of new capacity and accounting for changes PJM has made to how it identifies reliability risks and determines the capacity value for different resource types.
Comments about FERC's technical conference argued for a variety of reforms to address resource adequacy.
Potential energy suppliers in IESO’s second long-term energy and capacity procurement said the ISO's auction rules favor natural gas generators by insulating them from most of the cost of gas transmission upgrades.
ISO-NE provided updates on its proposals for generator retirements, market power mitigation, and resource qualification and reactivation.
MISO said it no longer will recognize energy efficiency as a capacity resource beginning with the 2026/27 auction.
PJM's Independent Market Monitor asked FERC to impose behavioral constraints on NRG Energy's proposed purchase of power plants and demand response from LS Power.
Anger over a recent dramatic rate hike and fears of energy shortfalls because of a predicted future rise in demand have prompted New Jersey to look anew at whether the state should consider pulling out of PJM.
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