Capacity Market
Virginia State Corporation Commission staff wants Dominion Virginia Power to conduct a risk analysis comparing reliance on natural gas-fired generation and constructing a third unit at its North Anna nuclear plant.
PJM capacity prices would increase sharply but reliability would not be threatened if a recent federal court ruling eliminated demand response from wholesale markets, the Market Monitor said.
PJM officials are considering boosting the RTO’s installed reserve margin (IRM) for winter as a result of its experience in January, when it narrowly avoided shedding load amid frigid temperatures and high outage rates.
Load and supply factions deadlocked Thursday, as members rejected three proposed changes to the MOPR.
State utlity regulators criticized rules that restrict states’ ability to contract for capacity last week at MACRUC's annual education conference, and called on PJM and FERC for changes.
Our summary of issues discussed and voted on at the PJM MRC and MC on Thursday, 6/26/14 with no surprises or lengthy debate.
The California ISO’s expansion of its energy imbalance market to six other states have some asking the question: Is this the beginning of an RTO West?
Utilities in New Jersey and Maryland are fighting an attempt by a Competitive Power Ventures to enforce contracts that federal courts last year ruled invalid.
PJM objected last week to a transmission developer’s efforts to reduce credit requirements on Qualifying Transmission Upgrades (QTUs), saying the RTO lacks authority to compel construction of the projects.
Load representatives concerned by reports of generators’ bidding strategies in May’s PJM capacity auction reacted by threatening to block an initiative by Exelon Corp. to provide more informative supply curves.
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