Capacity Market
ISO-NE is racing to relieve natural gas pipelines constraints and interconnect new resources, CEO Gordon van Welie said.
APPA CEO Sue Kelly has been railing for years against RTO rules she says are skewed in favor of large transmission and generation owners. As members gathered for their annual Legislative Rally, the group could celebrate recent policy victories on both fronts.
FERC ordered a technical conference to consider whether PJM should move from a year-round to a seasonal capacity market construct.
Stakeholders remain reticent to cede too much command and control to PJM, voting at the MRC meeting to defer a vote on revisions to Manual 14D.
FERC approved an uncontested settlement to raise ISO-NE’s peak energy rent adjustment, resolving the issues the commission set for hearing.
ISO-NE defended its proposed two-stage capacity auction, responding to criticism by its External Market Monitor and others.
NYISO power prices surged to an average of $99.55/MWh in January, up 89% from December and 148% from the same month a year ago.
PJM will ask FERC to choose between capacity market proposals by its staff and its Market Monitor (MOPR-Ex) to insulate its market from state subsidized generation.
ISO-NE’s 2018 Regional Electricity Outlook reiterates concerns about fuel security that were detailed in a separate report published by the RTO last month.
The MISO Market Monitor is seeking to use the RTO’s recent refiling of its resource adequacy construct to force a FERC ruling on changing its capacity demand curve.
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