Capacity Market
MISO's board may be coming around to the idea of using a sloped demand curve to price capacity as the RTO confronts the possibility of resource shortages.
Fletcher, CC BY-SA 4.0, via Wikimedia Commons
FERC is investigating ISO-NE’s role in alleged fraud by a project developer taking part in the RTO’s capacity market, the grid operator disclosed.
Ex-FERC Commissioners Norman Bay and Colette Honorable told war stories and commented on recent commission rulemakings at a forum on energy storage policy.
Gas- and coal-fired generators said the sharp price drop in PJM’s 2023/24 capacity auction shows the RTO’s long-term reliability is at risk.
Capacity prices dropped by one-third to almost one-half in PJM’s auction for 2023/24, likely depressed by the end of the MOPR and a tougher price cap.
FERC accepted NYISO's Order 2222 compliance filing but directed the ISO to file revisions related to small utility opt-in requirements and other provisions.
FERC said it will take another look into whether Dynegy manipulated pricing in MISO’s 2015/16 capacity auction and violated federal laws.
MISO’s board of directors gathering covered concern over slipping capacity reserves as heat blistered the footprint and forced emergency preparations.
More than 200,000 AEP customers in Ohio lost power after storms damaged multiple transmission lines and forced load sheds on at least three 138-kV lines.
New England is wrestling with the practical realities of implementing any of the regional policy options for decarbonization analyzed in its Pathways Study.
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