December 7, 2023

installed capacity market (ICAP)

FERC Accepts NYISO’s 17-Year Amortization Period Proposal
FERC approved NYISO’s proposed 17-year amortization period when calculating the annual costs for hypothetical fossil fuel peaker plants.
NYISO Business Issues Committee Briefs: May 10, 2021
NYISO's BIC approved manual revisions to accommodate a change to the maximum clearing price calculation for ICAP demand curves.
FERC Approves NY Demand Curve Reset, Rejects 17-Year Amortization
FERC approved an update of NYISO's capacity market demand curves but the commission rejected the proposed 17-year amortization period.
Blowin’ in the Wind: SPP Sets New Renewable Marks
Having recovered from February’s severe weather, SPP’s market operations are back to normal, with wind and other renewable resources again setting records.
PJM Monitor Sounds Market Power Alarms
PJM’s Monitor sounded alarms about market power in the energy and capacity markets and said it may intervene in the RTO’s next capacity auction.
NYISO Business Issues Committee Briefs: Feb. 10, 2021
The NYISO Business Issues Committee approved revisions to its Installed Capacity and Transmission and Dispatch Operations Manuals.
FERC OKs More Rigorous MISO Capacity Requirements
Conventional capacity resources in MISO will now have to prove full deliverability before collecting maximum capacity credits, FERC said.
NYISO Management Committee Briefs: Sept. 23, 2020
NYISO CEO Rich Dewey told stakeholders that staff are determining whether a technical problem related to the demand curve reset violates the Tariff.
MISO Offers Concession on LMR Capacity Credit Plan
MISO is offering stakeholders a compromise on one of two proposals it will file with FERC, removing a provision that would eliminate capacity credits for slow-response LMRs.
NYISO BIC Briefs: March 19, 2020
The NYISO Business Issues Committee approved Tariff changes on energy storage and load forecast revisions to account for behind-the-meter net generation.

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