Calpine
ISO-NE’s Capacity Auction Reforms project will include an evaluation of additional resource accreditation modeling enhancements, the RTO told the NEPOOL Markets Committee.
Consumers and electric distributors in PJM opposed a proposal to revise two financial parameters used to calculate the cost of new entry input to the 2027/28 Base Residual Auction.
ISO-NE responded to stakeholder feedback on its capacity auction reform project at the NEPOOL Markets Committee meeting, providing clarity on the scope of its capacity market overhaul.
The PJM MRC rejected four proposals to rework how the RTO measures and verifies the capacity EE providers can offer into the market.
A group of demand response providers in PJM proposed adding two hours to the availability window that binds when the resource can be deployed by the RTO.
Coming on the heels of COP28 in Dubai - and its weak call for a reduction in fossil fuel use - some researchers and advocates continue to argue that the normalization of CCS will simply prolong the burning of fossil fuels and the emissions they produce.
Several generation companies and PJM have indicated that they will finalize a settlement over the performance penalties the RTO assessed following Winter Storm Elliott.
John Phelan, CC BY 3.0, via Wikimedia Commons
Several of the NEPOOL members expressed support for delaying the auction a year to help consider and potentially implement significant changes.
PJM completed its delivery of a sprawling presentation outlining its envisioned overhaul of the capacity market, followed by stakeholder presentations from Calpine, Daymark Energy Advisors and the East Kentucky Power Cooperative.
ERCOT said it will pay Austin Energy a $2.86 million to settle an alternative dispute resolution stemming from the February 2021 winter storm.
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