Capacity Market
PJM’s Monitor opened another front in its bid to strengthen its market power rules, challenging the renewals of rate authorizations in 14 dockets.
FERC rejected NYISO’s proposal to support policy resources in clearing its capacity market, causing a dissent from Commissioner Richard Glick.
NEPOOL and NESCOE are hiring Peter Flynn, a former National Grid executive, to serve as administrator of the Transition to the Future Grid project.
ISO-NE is proposing an installed capacity requirement of 34,153 MW for Forward Capacity Auction 15, a 722-MW increase over FCA 14.
FERC defended its ruling approving bidding results in ISO-NE’s 2013/14 Winter Reliability Program in response to TransCanada Power Marketing.
Exelon (NASDAQ: EXC) will close 2 Illinois nuclear plants that face hundreds of millions of dollars of revenue shortfalls.
NYISO energy markets performed competitively in the second quarter, with the pandemic leading to the lowest load and average fuel prices in more than a decade.
ISO-NE told stakeholders it will file a rule change with FERC to eliminate capacity performance payments from energy efficiency resources.
NYISO is nearing a vote on market participation rules for hybrid storage and generation resources, with plans to submit the proposal in 2021.
New Jersey legislators are considering a bill that would require the BPU to study the implications of withdrawing from PJM and going it alone or joining NYISO.
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