Independent Market Monitor (IMM)
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.
MISO IMM David Patton appeared before the Market Subcommittee to again criticize the future resource mix assumptions MISO is using to craft a second long-range transmission plan.
In the wake of MISO’s first seasonal capacity auction, members have asked the RTO to improve its generator outage rules, preliminary data sharing and the registry tool used to track capacity.
MISO’s IMM debuted five new recommendations as part of his annual State of the Market Report, as multiple suggestions were aimed at maximizing transmission utilization by clamping down on wind-related congestion.
PJM officials and stakeholders told FERC they oppose abandoning the RTO’s capacity market but disagree over the degree to which it needs to be changed.
ERCOT's Independent Market Monitor’s annual market report recommends resurrecting a multi-interval, real-time design, among other things.
PJM offered a series of suggestions for how it could overhaul its capacity market in the wake of widespread resource failures during last December's winter storm.
PJM proposed creation of a new cost of new entry area for the ComEd zone during discussions about how to account for local factors in calculating net CONE.
The RTO has doubled its synchronized reserve requirement to account for diminished performance since the implementation of the reserve market overhaul.
Consumer advocates, environmental groups and a Maryland lawmaker urged PJM to adopt more transparent decision making processes.
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