Capacity Market
Fletcher, CC BY-SA 4.0, via Wikimedia Commons
ISO-NE violated its tariff in its handling of construction delays at a Boston-area generating plant, FERC said, slapping the RTO with a $500,000 fine.
Commissioners Mark Christie and James Danly addressed the pros and cons of the West’s pursuit of greater market coordination at the fall CREPC-WIRAB meeting.
FERC denied a request to impose a capacity price floor on subsidized resources in NYISO, reiterating its support for narrower buyer-side mitigation rules.
PJM's MRC rejected two proposals intended to allow market sellers to represent a greater degree of the risk they take on when entering the capacity market.
MISO continues to suss out a new availability-based capacity accreditation method for its renewable generation, but some have qualms with the early design.
The PJM Market Implementation Committee narrowly rejected a proposed issue charge from curtailment service provider CPower Energy Management.
MISO can establish a seasonal capacity auction and accreditation but cannot require a minimum capacity obligation, FERC ruled in a pair of orders.
CPower has agreed to a $2.5 million penalty after FERC's enforcement division found the company took capacity payments in violation of ISO-NE rules.
PJM members failed to find consensus on any of four proposed sets of capacity auction parameters, with the RTO’s proposal falling short of the necessary votes.
Load interests continued to oppose PJM’s proposal to change the market seller offer cap, a month after it failed to meet the two-thirds endorsement threshold.
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