FERC and New York regulators will hold a joint technical conference Nov. 5 to discuss the state’s capacity market and its plan to revamp the utility business model.
News briefs from the states within the PJM footprint. This week we include Delaware, Indiana, Maryland, New Jersey, North Carolina, Ohio, Pennsylvania and Virginia.
FERC called for changes in ISO-NE’s capacity market rules but split over whether it should reject the results from the ISO’s February auction due to unchecked market power.
Our summary of the issues scheduled for votes at the PJM MRC and MC on 09/18/14. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.
PJM’s Board of Managers will seek approval of changes in the capacity auction parameters despite load-serving entities’ requests that it delay action pending consideration of staff’s Capacity Performance proposal.
Generators said yesterday that PJM’s expectations for its Capacity Performance product are unrealistic and its proposed penalties unduly harsh.
Up-to-congestion (UTC) trading plummeted by about two thirds this week following a FERC order that could result in sharply increased costs for traders.
A round-up of news from the PJM Planning Committee on Sept. 2, 2014.
Some areas of New York could face transmission violations as soon as next year and capacity shortages are likely by 2019, according to NYISO.
A round-up of news from the PJM Market Implementation Committee on Sept. 3, 2014.
