Capacity Market
A month after its capacity auction revealed a Midwestern supply scarcity, MISO’s Independent Market Monitor and a MISO vice president debated the path forward.
FERC accepted PJM’s compliance filing restoring the historical energy and ancillary services revenue offset used in the RTO’s capacity market.
The Organization of MISO States is preparing a letter to MISO leadership to stress resource adequacy work following the last month’s capacity auction.
Legal challenges to the PJM MOPR do not just concern the RTO and its capacity market; they could set a precedent for how courts review tie votes at FERC.
Russell Lovrin, CC BY-SA 3.0, via Wikimedia Commons
FERC approved a trio of changes to NYISO’s capacity market that were spurred by New York’s Climate Leadership and Community Protection Act.
The NEPOOL MC discussed changes to the frequency of FCM parameter recalculations, the continuous storage facility model and cybersecurity reporting.
Competitive Power Ventures’ proposal to revamp ISO-NE's financial assurance rules failed to win approval from NEPOOL’s Participants Committee.
MISO warned that even a normal amount of demand and generation outages will likely send it into emergency procedures this summer.
Massachusetts broke from NESCOE's stance on the elimination of ISO-NE's MOPR, saying the rule should be disposed of as soon as possible, without any delay.
FERC ordered CAISO, ISO-NE, MISO, NYISO, PJM and SPP to report on how system needs are changing with their shifting resource mixes and how they will meet them.
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