Markets
ERCOT’s Technical Advisory Committee assigned two subcommittees to consider responses to discrepancies in day-ahead market make-whole payments.
The debate over metering DER in front of or behind the customer’s load was the focus of the PJM Market Implementation Committee’s most recent special session on the topic Nov. 22.
With winter looming, FERC last week adopted a rule that would double the “hard” RTO offer caps for day-ahead and real-time markets to $2,000/MWh.
The NYISO Board of Directors upheld the Management Committee’s vote to cap capacity payments in the constrained Lower Hudson Valley and New York City zones.
The PJM Markets and Reliability Committee rejected two proposals members said threatened the Capacity Performance construct, but approved two others.
FERC proposed revising its pro forma GIAs to require all newly interconnecting facilities to install and enable primary frequency response capability.
Market manipulation cases dominated FERC enforcement efforts in fiscal 2016, according to the Office of Enforcement’s 10th annual report.
The installed capacity requirement ISO-NE filed with FERC shows a continuing trend of declining load growth and a greater reliance on behind-the-meter solar.
The PJM Market Monitor reported that capacity and regulation market results were “generally competitive” in the first 9 months of 2016, but remain vulnerable to stress.
FERC has approved CAISO’s plan to fine-tune its procedure for preventing generators from exercising local market power during transmission constraints.
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