Markets
FERC said it is considering changing how it evaluates market power in electric utility mergers and applications for market-based rate authority.
The Brattle Group endorsed the proposed MISO Competitive Retail Solution forward capacity auction, conditioned on its adoption of a wider demand curve.
FERC rejected proposed SPP Tariff revisions, saying they would unfairly favor network transmission customers over point-to-point customers in how the RTO awards congestion rights.
Less than half of PJM stakeholders considering the addition of a seasonal capacity resources favor a change in the current rules.
The MISO Planning Advisory Committee discussed the second draft of the 2016 Transmission Expansion Plan report and a draft scope for the Regional Transmission Overlay Study.
FERC is considering changes to its Electric Quarterly Report rules, including requiring data on ancillary services transactions and changes to how financially settled trades are reported.
Gavin Donohue, IPPNY CEO, opened their fall meeting by declaring that its top priority is to have NYISO reset the installed capacity demand curve.
A forward capacity market may have worked for PJM and ISO-NE, but it isn’t the solution for NYISO, the Market Monitor told IPPNY’s fall conference.
The MISO forward capacity auction proposal and the broader issue of resource adequacy were the “hot topic” at last week’s Advisory Committee discussion.
PJM is trying to usurp the IMM’s authority to regulate fuel-cost policies and consequently increasing market participants’ ability to exercise market power, the Monitor argued in a protest.
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