Capacity Market
FERC mostly accepted PJM’s tariff revisions accounting for when the default offer price floor exceeds the market seller offer cap under the expanded MOPR.
NEPOOL’s Markets Committee recommend the Participants Committee support tariff changes that would prevent resources from locking in prices for seven years.
NYISO is proposing to update its buyer-side mitigation processes to keep up with the number of new resources that will potentially be subject to the rules.
MISO plans to subdivide its annual capacity auction by seasons to better manage reliability risks caused by renewables’ growing share of the resource mix.
FERC approved a penalty of $1 million against Algonquin Power’s Windsor Locks plant for mishandling generators when offering into the ISO-NE markets.
NYISO petitioned the D.C. Circuit to review FERC’s rejection of the ISO’s proposal to exempt public policy resources from its buyer-side mitigation rules.
Tensions between New England states and ISO-NE came to a head last year when five governors issued a joint statement calling for reforms to the RTO.
COVID-19 was the defining problem of 2020 as PJM worked to overcome difficulties in coordinating deliberations on a host of issues, including the MOPR.
In 2020 MISO managed remotely, redefining reliability standards, reorganizing its capacity market and launching a long-term transmission planning effort.
PJM's Markets and Reliability and Members Committees met to discuss market rules, tariff revisions and elect several new members.
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