Reliability
PJM members agreed last week to consider cutting compensation for Tier 1 synchronized reserves, but PJM officials are likely to oppose a change.
Generators that planned to retire coal-fired units ahead of the EPA's MATS extension deadline say they may accelerate retirements to avoid MISO penalties.
ISO-NE "will be in a precarious operating position for the next several winters due to the natural gas pipeline constraints," spokeswoman Marcia Blomberg said.
“The erosion of excess reserves understandably is of great concern to us all," Organization of MISO States President Eric Callisto told FERC.
Holding firm on their plans to redefine the capacity market, PJM officials Tuesday offered a revised capacity performance proposal that they said is less punitive and restrictive.
Although the grid demonstrated its resiliency during January’s polar vortex, more needs to be done to prepare generators for future cold spells, NERC said in a report released today.
PJM officials said Wednesday they are amending their proposed capacity overhaul in response to dozens of mostly critical stakeholder comments.
Virtually all of the stakeholders who commented on PJM's proposed Capacity Performance product agreed that it goes too far, creates too much risk and is being rushed through the stakeholder process too quickly.
PJM’s Market Monitor has weighed in on a MISO dispute over whether generation owners can be compensated for their plants’ sunk costs when the plants are prevented from retiring in order to maintain grid reliability.
PJM’s plans to conduct winter tests of infrequently used generators could cost as much as $15.9 million, officials told the Operating Committee last week.
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