Capacity Market
The U.S. Energy Department’s study acknowledges its limited authority over wholesale markets, leaving it to FERC and RTOs to act on its recommendations.
After nearly a year of discussion on potential changes to PJM’s capacity model, stakeholders are determining what components a new construct should have.
FERC approved MISO’s more stringent capacity withholding rule while also allowing the RTO to remove demand response from market monitoring.
ISO-NE advanced the idea of excluding competitive new resources from functioning as demand in a proposed “substitution” capacity auction.
Market participants remain skeptical of a MISO plan to integrate external resource zones into its annual capacity auction.
NYISO’s Business Issues Committee approved steps intended to improve the efficiency of the interconnection queue process while maintaining needed reliability evaluations.
Proposals for reforming PJM's capacity markets were presented and explained at a two-day meeting of the Capacity Construct/Public Policy Senior Task Force.
The Pennsylvania State Senate approved a tax on virtual transactions, PJM CFO Suzanne Daugherty told the Markets and Reliability Committee.
Tony Clark’s term as FERC commissioner ended nine months ago, but he hasn’t stopped thinking about the issues that animated him during his four-year tenure.
RTO officials acknowledged their challenges but asked Congress not to depart from 20 years of supporting wholesale markets.
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