May 21, 2024

fixed resource requirement (FRR)

Dominion Energy
OSW, Data Centers Loom Large in Dominion’s Outlook
Dominion expects to start installing monopiles for the Coastal Virginia Offshore Wind project between May 6 and 8, CEO Robert Blue told analysts during the company’s first-quarter earnings call.
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FERC Rejects Changes to PJM Capacity Performance Penalties
FERC has rejected a PJM proposal to rework the role of performance penalties in its capacity market and how the associated risks can be reflected in seller offers.
Electric cat, CC BY-SA 3.0, via Wikimedia Commons
FERC Grants AEP Utilities Waiver of Capacity Obligation
FERC granted American Electric Power waivers to alter the capacity obligation calculation for four of its vertically integrated utilities in PJM to not include load growth outside their territories.
© RTO Insider LLC
FERC Approves 1st PJM Proposal out of CIFP
FERC approved PJM's proposal to rework several areas of its capacity market centered around aligning how resources’ capacity contributions match up to system risk analysis.
© RTO Insider LLC
PJM Completes CIFP Presentation; Stakeholders Present Alternatives
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.
PJM Interconnection
PJM Capacity Prices Jump in 5 Regions
PJM capacity prices dropped in much of the RTO for delivery year 2024/25, but ratepayers in five regions will face increases due to locational constraints.
© RTO Insider LLC
PJM Board Initiates Fast-track Process to Address Reliability
PJM’s Board of Managers is opening an accelerated stakeholder process to address rising reliability concerns about the RTO’s capacity market.
IMM Report: PJM Capacity Auction Results not Competitive
The results of PJM’s 2022/23 Base Residual Auction were not competitive, according to a report released last week by the RTO’s Independent Market Monitor.
PJM Stakeholders Approve RASTF Issue Charge
The PJM MRC approved an updated issue charge for the Resource Adequacy Senior Task Force after debating its out-of-scope items, including demand response.
New Jersey BPU Accepts Continued PJM Capacity Market Participation — for Now
The New Jersey BPU voted unanimously to accept the final version of a staff report recommending the state continue in PJM’s capacity market — for now.

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