Capacity Market
Less than 3% of generation capacity constructed in 2013 was developed solely for sale into organized electricity markets, according to a study by APPA.
FERC approved IPL’s request for a limited waiver from MISO’s must-offer requirement, relieving the company of having to purchase replacement capacity after its coal-fired Eagle Valley units retire in 2016.
PJM’s Oct. 7 revisions to its Capacity Performance proposal appear to have won over Independent Market Monitor Joe Bowring.
Demand response aggregators told PJM officials that the RTO’s proposed response to a court ruling narrowing federal jurisdiction over DR is overly broad.
Generators that planned to retire coal-fired units ahead of the EPA's MATS extension deadline say they may accelerate retirements to avoid MISO penalties.
Holding firm on their plans to redefine the capacity market, PJM officials Tuesday offered a revised capacity performance proposal that they said is less punitive and restrictive.
PJM officials said Wednesday they are amending their proposed capacity overhaul in response to dozens of mostly critical stakeholder comments.
Virtually all of the stakeholders who commented on PJM's proposed Capacity Performance product agreed that it goes too far, creates too much risk and is being rushed through the stakeholder process too quickly.
PJM electric consumers are spending $433 million a year in excess capacity because the RTO’s load forecasts fail to fully capture energy efficiency, according to a report by The Brattle Group.
FERC and New York regulators will hold a joint technical conference Nov. 5 to discuss the state’s capacity market and its plan to revamp the utility business model.
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