Capacity Market
ISO-NE's 12th Forward Capacity Auction saw 34,830 MW clear at $4.63/kW-month, the lowest price in five years.
Preliminary estimates show that MISO’s capacity requirements and available supply for the 2018/19 capacity auction will be in line with last year’s figures.
The D.C. Circuit Court of Appeals ruled that FERC failed to adequately explain why it approved capacity market rules for ISO-NE.
Stakeholders have responded to ISO-NE’s filing of a proposed two-stage capacity auction with a flurry of comments to FERC.
Stakeholders at the Markets and Reliability Committee meeting declined to endorse any proposals to revise PJM’s capacity model.
FERC accepted ISO-NE’s informational filing for Forward Capacity Auction 12, rejecting protests over qualification rules.
Some PJM generators will have additional time to submit unit-specific exemptions to the MOPR before the RTO’s capacity auction next month.
The D.C. Circuit Court of Appeals rejected NEPGA's challenge to FERC orders on scarcity prices, saying the commission had properly considered its complaints.
MISO obtained a one-time waiver of the deadline for its 2017/18 capacity auction from FERC because of technical difficulties on the RTO’s market platform.
FERC rejected the Illinois Municipal Electric Agency (IMEA) challenge to the PJM Capacity Performance rules for coal plants.
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