Capacity Market
© RTO Insider LLC
PJM and stakeholders spent much of 2023 debating how to position the RTO's markets to be prepared for future severe weather and maintain the balance between retiring fossil generation and renewable development.
Federalist Society
Economic deregulation started out as a Republican policy, but GOP appointees to FERC have been questioning how it has been applied to the electric industry, a trend that was explored Jan. 5 at the 25th Annual Federalist Society Faculty Conference in D.C.
© RTO Insider LLC
MISO juggled several projects over 2023 designed to fend off imminent reliability problems and will keep up the multitasking in 2024.
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FERC approved a settlement between PJM and 81 parties to reduce the $1.8 billion in penalties assessed against generators that underperformed during Winter Storm Elliott.
ISO-NE
ISO-NE kicked off work to determine an acceptable level of energy shortfall risk for New England, particularly during extreme weather events.
NYISO
NYISO’s Business issues Committee approved testing of dynamic reserves, changes to the LCR optimizer, and new capacity accreditation rules.
Analysis Group
ISO-NE should move to a prompt and seasonal capacity market to better accommodate the evolving mix of resources and reliability risks in the region, Analysis Group told stakeholders at the NEPOOL Markets Committee meeting.
NYISO
NYISO stakeholders continued their criticism of the ISO’s effort to improve its demand response programs, saying it has inadequately addressed their concerns.
PJM
PJM’s MIC heard updates on capacity market proposals pending before FERC and began a review of how energy efficiency resources participate in the market.
© RTO Insider LLC
MISO leadership predicted adequate supply paired with a temperate winter at the final Board Week of the year.
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