Capacity Market
NYISO power prices averaged $29.91/MWh in March, down from $33.83 in February, and $34.97 the same month a year ago.
PJM filed with FERC to consider both its two-stage capacity repricing proposal and its Market Monitor’s plan to expand the minimum offer price rule (MOPR).
PJM told Market Implementation Committee meeting attendees that it plans to salvage some of its proposal to revise its regulation market that FERC rejected.
The MISO Reliability Subcommittee (RSC) discussed a recent RTO white paper on resource availability, including the increasing frequency of max gen events.
The NYISO Management Committee approved Tariff revisions intended to provide external resources with Rest of State deliverability rights.
PJM debated stakeholders over whether existing units should be under the same obligation to provide primary frequency response that FERC ordered for new units.
FERC accepted ISO-NE’s request to terminate 11 MW of the capacity supply obligations (CSOs) for a Maine wind farm.
FERC rejected a proposed power and gas tariff filed by the North American Energy Markets Association (NAEMA) and indicated it is likely to revoke the group’s capacity and energy tariff.
NYISO energy prices averaged $33.83/MWh in February, down sharply from their cold snap average of $99.55 in January.
The SPP Board of Directors and Members Committee on Tuesday approved a set of conditions that will guide the pending membership of Mountain West Transmission Group into the RTO.
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