Capacity Market
PJM hit a snag attempting to calculate the market seller offer cap (MSOC) for Capacity Performance units for the 2021/22 delivery year.
With a myriad of proposals emerging to revamp PJM’s capacity market, stakeholders are focused on what the RTO will do, but staff aren’t tipping their hand.
Energy Secretary Rick Perry on Friday ordered FERC to rescue at-risk nuclear and coal generation by ensuring they receive “full recovery” of their costs.
NOVEC weighed in with its own plan for reforming PJM’s capacity construct, saying the nine existing proposals ignored sometimes-illogical human behavior.
Michigan regulators issued an order outlining how electricity providers must demonstrate they have enough capacity to serve their customers for four years.
MISO has decided to delay the formation of external resource zones and seasonal capacity.
A consensus that appeared to be coalescing for how to revise PJM’s Incremental Auction process and address replacement capacity issues has dissipated.
PJM appears headed toward implementing a capacity construct that would reprice auction results to address the influence of subsidized generation offers.
Stakeholders appear to be eyeing the finish line of PJM’s yearlong effort to consider reforming its capacity construct.
FERC rejected a request to include the cost of emissions controls in the peaking plant design for the NYISO New York Control Area capacity demand curve.
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