Markets
The Markets and Reliability Committee approved PJM’s proposed revisions to adjust the methodology for developing the capacity model for winter peak weeks.
Use-limited resources will be allowed to attach opportunity cost adders to their bids in CAISO’s energy market under a proposal approved by FERC.
The NYISO Business Issues Committee recommended approving extensions of historic fixed-price transmission congestion contracts.
FERC accepted Great River Energy’s slimmed-down annual revenue requirement for reactive supply and voltage control at eight of its plants.
MISO’s effort to replace its market platform will likely come in slightly over budget and is at risk of delay because of project snags with vendor GE.
Calpine and AEP are offering alternatives to plans for complying with FERC Order 842, which requires some generators to provide primary frequency response.
The impact of a carbon price would likely reverberate throughout New York’s wholesale electricity markets, industry experts said.
A California Senate committee advanced a bill that would allow CAISO to be transformed into a Western RTO, a change that has been met with heavy opposition.
FERC ordered Footprint Power to refute a finding that the company violated ISO-NE Tariff rules by filing “false and misleading supply offers.”
FirstEnergy Solutions says ISO-NE’s request to prop up Exelon’s Mystic plant shows why FERC should take emergency action to bail out coal and nuclear.
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