Capacity Market
PJM officials said they will seek FERC approval of the RTO’s seasonal capacity proposal despite a lack of stakeholder consensus.
MISO's forward capacity auction proposal was approved by the Board of Directors' Markets Committee, setting up a FERC filing expected in three weeks.
The New England Power Generators Association (NEPGA) says a rule meant to prevent withholding of generating resources unfairly cost them $100 million during an August heat wave.
MISO defended its calculation of sub-regional transfer limits for the 2016/17 Planning Resource Auction to stakeholders last week, recommending that it continue to use the same numbers for future auctions.
A summary of issues discussed and measures approved by the PJM Markets and Reliability Committee and the Members Committee on Sept. 29, 2016.
A group seeking a review of the PJM capacity market decided to make revisions before seeking approval of its initiative.
MISO and IPPs asked FERC to dismiss a complaint by transmission customers seeking to overturn the results of the 2016/17 capacity auction.
FERC said it is considering changing how it evaluates market power in electric utility mergers and applications for market-based rate authority.
The Brattle Group endorsed the proposed MISO Competitive Retail Solution forward capacity auction, conditioned on its adoption of a wider demand curve.
Less than half of PJM stakeholders considering the addition of a seasonal capacity resources favor a change in the current rules.
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