Capacity Market
PJM’s first capacity auction requiring year-round availability per its Capacity Performance requirements saw prices drop by one-quarter in most of the RTO.
Natural gas price spreads between Western and Eastern New York in 2016 led to NYC generation being “more economic than in recent years,” NYISO's MMU said.
While PJM and its Independent Market Monitor agree that its markets “work” and are competitive, they disagree on what might make them better.
Stakeholders voted overwhelmingly to end debate about whether costs for MISO’s transmission use settlement with SPP should be allocated by capacity benefit.
Customers of the Southwestern Power Administration asked MISO to change how it accredits their hydropower allocations - from baseload to peaking power.
ISO-NE presented its proposal for a two-tiered capacity auction that would incorporate state-mandated renewable generation at the FERC technical conference.
More than 50 stakeholders from PJM, NYISO and ISO-NE made their cases to FERC on how to resolve conflicts between energy policies and wholesale markets.
Whether energy efficiency should be allowed in the capacity market drew heated debate on two issues at the PJM Market Implementation Committee meeting.
The minimum offer price rule (MOPR) was a controversial topic at last week’s FERC technical conference.
In the afternoon of day one of FERC's major technical conference focused on PJM, with CEO Andy Ott, IMM Joe Bowring and state regulators testifying.
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