installed capacity market (ICAP)
Stakeholders last week discussed NYISO’s comprehensive mitigation review and presentations on related consumer and market impacts.
NYISO proposed to exempt most new ICAP suppliers from buyer-side market power mitigation evaluation if they use solar, wind, storage or demand response.
NYISO's BIC approved manual revisions to accommodate a change to the maximum clearing price calculation for ICAP demand curves.
FERC approved an update of NYISO's capacity market demand curves but the commission rejected the proposed 17-year amortization period.
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’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.
The NYISO Business Issues Committee approved revisions to its Installed Capacity and Transmission and Dispatch Operations Manuals.
Conventional capacity resources in MISO will now have to prove full deliverability before collecting maximum capacity credits, FERC said.
NYISO CEO Rich Dewey told stakeholders that staff are determining whether a technical problem related to the demand curve reset violates the Tariff.
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.
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