Capacity Market
PJM
PJM's Markets and Reliability Committee endorsed by acclamation an issue charge by Constellation Energy focused on how storage as a transmission asset could be implemented in the RTO.
© RTO Insider LLC
The PJM MRC endorsed an issue charge to hire a consultant to investigate the pros and cons of a sub-annual capacity market and what designs stakeholders feel would be feasible.
NYISO
NYISO provided a glimpse into the possible capacity accreditation factors for gas generator units that have not guaranteed a supply of fuel for the winter capability period.
© RTO Insider
Stakeholders rejected the installed reserve margin and forecast pool requirement values recommended by PJM staff, with some opposed arguing that the inputs remain nebulous.
Constellation Energy
FERC approved Constellation's purchase of Calpine, which will create an even bigger IPP with nearly 60 GW around the country, with the biggest share of that in PJM.
PJM
The clearing price is the highest in PJM history and an increase of $59.22 (22%) from last year’s record for the RTO.
Yes Energy
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
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.
Potomac Economics
MISO has filed with FERC to impose more exacting testing on its demand response resources in an effort to deflect fraud.
PJM
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.
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