Capacity Market
PJM must consider generator operating lives of more than 20 years under the unit-specific review process, FERC ruled just before the RTO's capacity auction.
PJM defended its handling of Dominion Energy’s decision to opt out of the May 19 capacity auction, asking FERC to reject a complaint by LS Power.
MISO said it will attempt at a long-term resource forecast, taking into account members' evolving resource mix over a 20-year timeframe.
New York state officials and FERC Chair Richard Glick outlined public policy challenges for 200 participants at the IPPNY annual Spring Conference.
MISO said that it will skip over the participation of small DER aggregations in its FERC Order 2222 compliance plan in order to simplify the market design.
LS Power asked FERC to block Dominion from opting out of PJM’s capacity auction, saying the RTO violated its rules by accepting the utility’s FRR election.
ISO-NE briefed the NEPOOL Participants Committee on a project to address the removal of the minimum offer price rule from the capacity market.
Dominion has abandoned PJM’s capacity market over concerns the minimum offer price rule will undermine its ability to meet Virginia’s renewable targets.
PJM has proposed shifting the burden of determining what resources are subject to the MOPR away from the RTO and the Monitor to FERC itself.
FERC received dozens of comments on the final day for stakeholders to answer questions on the future of PJM’s capacity market.
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