effective load-carrying capability (ELCC)
SPP
SPP is celebrating several recent FERC orders that have strengthened its resource adequacy framework that it says will secure a “reliable energy future” for its region.
PJM
The Planning Committee endorsed by acclamation a PJM proposal to rework how it determines which jurisdiction a resource point of interconnection falls under.
© RTO Insider LLC
FERC approved a PJM proposal to revise the penalty rate for resources that are unable to meet their capacity obligation due to a decrease to their accreditation.
Matthew T. Rader, CC BY-SA 4.0, via Wikimedia Commons
A new ACEG report says interregional transmission offers resource adequacy benefits and highlights how regions can take advantage of that.
© RTO Insider
The PJM Markets and Reliability Committee endorsed a proposal intended to add transparency to the RTO’s effective load-carrying capability process.
PJM
PJM will present a proposal aiming to make the RTO’s effective load-carrying capability (ELCC) process more transparent.
Z22, CC-BY-SA 4.0, via Wikimedia Commons
The NYISO Market Monitoring Unit told stakeholders it is independently analyzing the capacity market in parallel with the ISO’s ongoing Capacity Market Structure Review project.
© RTO Insider
The PJM Markets and Reliability Committee endorsed a proposal to rework how resources are compensated for providing black start service the RTO says will provide more predictable revenues for participating market sellers.
© RTO Insider
PJM’s Markets and Reliability Committee endorsed two proposals to revise the RTO’s ELCC formula to add two new generation categories and limit the penalties resources face if their accreditation declines between auctions.
© RTO Insider
PJM’s markets provided reliable service in 2024, but tightening supply and demand are laying bare design flaws that have inhibited the competitiveness of the RTO’s markets, the Independent Market Monitor wrote in its 2024 State of the Market Report.
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