Capacity Market
The PJM Markets and Reliability and Members committees agreed to fast-track a proposal on demand response.
It’s a good bet the ongoing FERC paper hearing to revise PJM’s capacity construct will be a major topic of discussion at the OPSI annual meeting.
A proposal to revise PJM’s credit requirements for financial transmission rights in response to the historic GreenHat Energy default will be delayed.
NYISO recommended steps to prevent suppliers from collecting double payments for carbon-emission reductions that have already been captured by renewable energy credit contracts.
MISO’s IMM urged the RTO to require that planning resources have firm transmission to ensure they can deliver their full installed capacity.
MISO offered its energy storage participation proposal for final stakeholder inspection while promising to introduce more new market rules in the future.
PJM’s market design and Exelon’s control of local generation allow the company to name its price for capacity commitments in the Chicago area.
NEPOOL approved new penalties for ISO-NE participants that fail to cover their capacity supply obligations when a new resource is delayed.
MISO leadership has not yet decided on how it can improve resource availability, though it is evaluating several possible remedies, the RTO said.
The first round of filings in PJM’s “paper hearing” on revisions to the capacity market showed wide disagreement over broadening the MOPR.
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