Capacity Market
Amid complaints that the issue has not been fully vetted, members of the Capacity Senior Task Force are voting on four proposals to cap the volume of limited demand response that can clear PJM’s base capacity auction.
PJM’s proposed changes to the deployment of demand response could cost consumers billions, members said last week as the RTO and generators squared off against load-serving entities and industrial customers.
The Planning Committee endorsed PJM staff’s recommendation to increase the Installed Reserve Margin (IRM) to 16.2% for delivery year 2014/15 (up from 15.9% in the 2012 analysis).
The capacity market and the role of demand response dominated the discussion as more than 170 state regulators, PJM staff and stakeholders gathered here for the OPSI annual meeting last week.
Capacity imports could clear at lower prices than internal resources under proposed import limits being considered by PJM.
Maryland and CPV officials aren’t saying what their next move is in the wake of a federal court ruling that voided the state’s contract with developers of a 725 MW combined cycle plant in St. Charles.
FERC's technical conference on capacity markets elicited sharply differing views on a variety of design concepts and technical issues.
Six years after RPM’s inception,FERC convened a technical conference last week to ask the question: How’s the capacity market working for you?
Members agreed to consider new rules to allow batteries, flywheels and other advanced storage technologies to bid in the capacity market.
PJM should be able to absorb the more than 7,000 MW of capacity imports that cleared in May’s auction for 2016-17, officials said.
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