market power mitigation
FERC denied requests for rehearing of its order that approved capacity market changes to prevent ISO-NE generation owners from economic resource retirement.
California’s scorching heat pushed CAISO day-ahead energy prices to record highs in the second quarter after market mitigation measures unexpectedly failed.
Berkshire Hathaway Energy subsidiaries PacifiCorp and NV Energy asked FERC to lift bidding restrictions placed on them in the EIM.
FERC approved MISO’s more stringent capacity withholding rule while also allowing the RTO to remove demand response from market monitoring.
MISO proposed creating a new category of narrowly constrained areas (NCAs) identified by momentary congestion and associated market power.
MISO’s IMM is recommending the RTO expand mitigation measures on constrained areas by creating a new definition aimed at periods of temporary congestion.
With a nod from FERC, MISO will apply a more stringent physical withholding rule and remove demand response and energy efficiency from market monitoring in next month’s capacity auction.
FERC granted New York officials’ request to exempt new “special case resources” from buyer-side market power mitigation rules in NYISO.
FERC said that MISO can use the PJM technology-specific reference levels for market mitigation in its 2017/18 capacity auction.
Dynegy says it will sell generation if necessary to address FERC's market power concerns over the company’s acquisition of ENGIE's power generation unit.
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