Capacity Market
FERC Chairman Norman Bay's dissent may provide ammunition for a potential challenge in federal court to PJM's Capacity Performance.
PJM’s Capacity Performance plan approved by the Federal Energy Regulatory Commission borrows elements from ISO-NE’s Pay-for-Performance program.
A round-up of news from the PJM Market Implementation Committee on June 10, 2015.
FERC approved PJM's Capacity Performance proposal, a dramatic restructuring of the RTO's capacity market.
Increased use of renewable energy will depress energy prices, increase capacity prices and lead to early retirement of baseload plants, according to ISO-NE.
A consumer group has asked the FERC to launch an emergency investigation as to whether Dynegy illegally manipulated MISO’s Planning Resource Auction last April, resulting in a nine-fold price increase in Zone 4.
MISO stakeholders discussed the many challenges to the RTO's resource adequacy at its Market Summit last week.
Consumer advocates told PJM that Capacity Performance could saddle ratepayers with excessive costs because of its treatment of renewable energy.
FERC denied an application by Northern States Power to terminate its mandatory purchase obligation from Twin Cities Hydro.
PJM also released its response to the Monitor's annual State of the Market Report for last year, as well as its own Annual Report.
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