Markets
As it gears up to run its first auctions using sloped demand curves, MISO said prices and procurement would have risen had it used them in this year’s auctions.
A renewable energy trade group asked MISO to put more thought into how HVDC transmission’s ability to infuse the footprint with more external capacity could influence MISO’s capacity auctions.
MISO said it will likely split load-modifying resource participation into two options in an effort to line up their true contributions with accreditation.
MISO’s Market Subcommittee will assist MISO in drafting tariff requirements to discourage market participants from committing fraud in MISO’s demand response market.
FERC rejected SPP's tariff revisions that would modify the adder for uncertainty of expected costs for offers above $1,000/MWh.
Talen Energy’s deal to carve out capacity from its Susquehanna Nuclear Plant to serve a growing data center on its site drew protests at FERC from other parties who argued the deal and others like it could shift costs and threaten reliability.
New York City saw a 221% increase in capacity costs in the first quarter due to the retirement of 600 MW in peaker plants and the increase of more than 300 MW in the local installed capacity requirement.
ISO-NE presented the initial scope of its work to coordinate resource capacity accreditation improvements with proposed capacity market timing changes at the NEPOOL Markets Committee summer meeting.
The D.C. Circuit directed FERC to review a series of 2022 orders requiring wholesale electricity sellers in the West to refund a portion of the high prices they earned during an August 2020 heat wave.
FERC approved LS Power’s purchase of an 810-MW natural gas plant in central Pennsylvania despite some qualms from PJM’s Independent Market Monitor.
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