Markets
FERC ordered MISO and SPP to make additional Tariff changes to comply with the transparency requirements of Order 844 while approving PJM’s filing.
FERC approved Tariff revisions intended to relieve costs for MISO resources pseudo-tying into PJM despite criticism that they didn't go far enough.
NYISO’s Business Issues Committee approved revisions to the Installed Capacity (ICAP) Manual regarding external to rest of state deliverability rights.
Unsound rules for calculating default market seller offer caps and other persistent structural flaws made PJM’s capacity market uncompetitive in 2018, the RTO’s Monitor said.
Merchant generators’ Hail Mary pass for a U.S. Supreme Court review of Illinois and New York nuclear subsidies has won support from PJM’s Independent Market Monitor and others.
PJM urged FERC to expedite guidance on the RTO’s upcoming Base Residual Auction as stakeholders prepare for deadlines on two different sets of rules.
The New England Power Pool voted to admit RTO Insider correspondent Michael Kuser as an End User member under strict rules that prevent him from reporting publicly on what he hears in meetings.
With two months to go before Exelon says it will pull the plug on Three Mile Island, Pennsylvania lawmakers unveiled legislation to spend $500 million annually to subsidize the state’s nuclear fleet.
The New England Power Pool Markets Committee rejected ISO-NE’s interim proposal for compensating generators for fuel security. But the RTO plans to file the plan with FERC with or without stakeholder endorsement.
Asked by Texas’ Public Utility Commission to “reinitiate discussions” with stakeholders, ERCOT held a workshop to look at real-time co-optimization.
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