Capacity Market
MISO laid out a more detailed proposal for how it will determine the capacity accreditation of energy storage resources under FERC Order 841.
The MISO market was competitive in 2017, but the RTO should do more to address increasing congestion and low capacity prices, Monitor David Patton said.
MISO, commited to moving forward, said it plans to refile a plan to create external capacity resource zones with FERC by the end of the month.
In his quarterly state of the market report, the PJM IMM said the results of the 2018 Base Residual Auction show the need to change its capacity offer cap.
FERC wants PJM’s capacity rules to be resolved by Jan. 4 and has dispatched staff to help the RTO and its stakeholders adhere to that timeline.
FERC rejected MISO’s proposal to create external zones for its annual capacity auction but left the door open for a revised plan in the future.
The D.C. Circuit denied a petition to review FERC allowing ISO-NE to exempt a limited volume of state-sponsored renewable power resources from its MOPR.
PJM stakeholders at the MRC and MC unanimously endorsed proposed revisions for seasonal aggregation.
The D.C. Circuit Court of Appeals dismissed claims that FERC had failed to consider the effects of the closure of Brayton Point on ISO-NE’s FCA 9 and 10.
PJM ordered its second load shed event since implementing Capacity Performance in 2015 less than two months after ordering the first.
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