Capacity Market
FERC denied requests for rehearing of its order that approved capacity market changes to prevent ISO-NE generation owners from economic resource retirement.
ISO-NE has barred Invenergy’s planned Clear River Energy Center Unit 2 from offering into February’s capacity auction because of permitting delays.
While stakeholders are divided on changes to PJM’s Incremental Auctions, hope remains for a compromise that can be implemented in time for next year’s BRA.
FERC denied NRG’s request for rehearing of an order concerning NYISO Tariff revisions intended to correct an inefficiency in the ISO’s capacity market.
PJM stakeholders discussed a myriad of topics and challenges facing the markets at last week’s Mid-Atlantic Power Market Summit hosted by Infocast.
The PJM Market Monitor estimated the DOE NOPR would cost ratepayers $32 billion/year if nuclear and coal units were all paid their full replacement value.
Representatives grilled PJM officials at the Markets and Reliability Committee meeting over proposed changes to price-responsive demand (PRD) bids.
Members approved a Tariff revision setting 78.5% as the balancing ratio to be used in calculating the default market seller offer cap for the 2021/22 BRA.
The Energy Bar Association Mid-Year Forum included discussions of subsidies and the Energy Department's proposed grid resiliency pricing rule.
FERC approved ISO-NE’s request not to disclose any proprietary information from certain de-list bids for the 12th Forward Capacity Auction.
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