Capacity Market
Public power representatives reiterated their case against mandatory capacity markets, teaming with renewable advocates for a one-day conference.
FERC has granted the PJM request to delay its annual Base Residual Auction to Aug. 14-28, 2019.
The PJM Markets and Reliability Committee agreed to a one-year delay in adding cost-containment measures to the RTO’s transmission planning process.
MISO is planning a study to ensure external resources bordering more than one of its local resource zones participates in only one zone.
PJM staff unveiled a new capacity market proposal at a special session of the Markets and Reliability Committee: the Resource-specific Carve Out, or ReCO.
FERC has denied requests to shut down debate on whether PJM’s Capacity Performance construct should make room for seasonal resources.
PJM would have to implement programs adhering to specific rules and strict oversight in order to include summer demand response in its load forecasts.
The New England Power Pool (NEPOOL) Markets Committee debated ISO-NE’s proposals for conducting fuel security reliability reviews.
PJM asked FERC to delay next year’s Base Residual Auction to provide it more time to respond to the commission requiring changes to capacity market rules.
The Market Implementation Committee overwhelmingly endorsed PJM’s proposal for revising how it calculates the balancing ratio.
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