Markets
For a historic moment for SPP, the ascension of two women to the RTO’s Markets and Operations Policy Committee leadership was fairly low-key.
Independent Market Monitor Joe Bowring said PJM’s proposed revisions to how it prices reserves necessitates changes in the capacity market.
The PJM Market Implementation Committee discussed the must-offer exception process and FERC’s energy storage order at last week's meeting.
PJM will spend only $162,000 to test the winter capabilities of 21 generators totaling 477 MW in 2018, RTO officials told the Operating Committee.
The PUCT is asking legislators to help provide clarity on whether transmission and distribution utilities can own and operate energy storage devices.
ISO-NE urged FERC to reject a protest over the RTO’s proposed “test price” mechanism to be applied to resources seeking to retire capacity.
FERC approved PJM Tariff changes designed to be compliant with Order 844 by improving participants’ insight into transmission constraint penalty factors.
A PJM proposal to revise rules on non-retail behind-the-meter generation was met with suspicion from municipal utilities and cooperatives.
PJM stakeholders appeared resigned to a unilateral FERC filing by the Board of Managers revising the RTO’s proposed price formation rules.
FERC approved ISO-NE’s proposed values for the Installed Capacity Requirement, capability credits and related values in time for the capacity auction.
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