Capacity Market
PJM updated its Critical Issue Fast Path proposal, while several additional stakeholder presentations are scheduled for the remaining two meetings before they vote on packages.
The New York PSC petitioned the D.C. Circuit Court of Appeals to review FERC's approval of NYISO's proposal to use a 17-year amortization period for setting its cost of new entry.
PJM showed updated risk analysis figures and stakeholders made new proposals during the July 17 Critical Issue Fast Path process meeting.
MISO has enacted conservative operations, a hot weather alert and a capacity advisory for its Midwest region ahead of a widespread heat wave set to bake the U.S. this week.
PJM released a report on the December 2022 winter storm detailing its emergency actions and recommended changes to its markets and operations to limit the impact of future severe weather.
FERC again ruled that the issues raised by environmental organizations about the FCA fall outside the scope of the proceeding.
PJM completed its delivery of a sprawling presentation outlining its envisioned overhaul of the capacity market, followed by stakeholder presentations from Calpine, Daymark Energy Advisors and the East Kentucky Power Cooperative.
PJM's Market Implementation Committee discussed potential changes to reactive power compensation and the progress of developing new market clearing engine software.
MISO is holding to its plan to enact a widescale marginal capacity accreditation while swapping risky hours for peak load to calculate its reserve margin requirements.
In the wake of MISO’s first seasonal capacity auction, members have asked the RTO to improve its generator outage rules, preliminary data sharing and the registry tool used to track capacity.
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