Forward Capacity Market (FCM)
It could be another month before stakeholders and the public in New England find out the results of ISO-NE’s capacity auction from last week.
The NEPOOL Markets Committee considered changes to ISO-NE's retirement and financial assurance rules.
ISO-NE’s 16th Forward Capacity Auction will likely have similar outcomes to last year’s, observers say, even as debate swirls around the market’s future.
Fletcher6, CC BY-SA 3.0, via Wikimedia Commons
ISO-NE has proposed maintaining its MOPR for the next two capacity auctions and eliminating it for FCA 19, with RTR exemptions of 700 MW over that period.
NEPOOL's Participants Committee approved ISO-NE's proposal for allowing aggregated distributed energy resources to participate in the markets.
Stakeholders outlined their complaints with ISO-NE's proposed MOPR elimination and its compliance with Order 2222 at an in-person NEPOOL meeting.
FERC denied a rehearing request by EPSA and NEPGA related to the recalculated values used in ISO-NE’s Forward Capacity Market.
ISO-NE plans to discontinue feedback on three stakeholder proposals as part of discussions on eliminating the minimum offer price rule, the RTO told NEPOOL.
Crispins C. Crispian, CC BY-SA-4.0, via Wikimedia
NEPOOL stakeholders and ISO-NE continue to work on eliminating the MOPR from the capacity market, discussing multiple proposals on transitional mechanisms.
Stakeholders discussed ISO-NE’s revised proposal for FERC Order 2222 compliance and removal of the MOPR at NEPOOL's three-day summer meeting.
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