PJM and stakeholders presented their final CIFP proposals and posted executive summaries explaining how their packages would redesign the RTO's capacity market.
The court reaffirmed FERC's order eliminating the default offer cap, denying generators' claims that the changes to PJM's market seller offer cap deprived them of the ability to set their own rates.
PJM presented new risk modeling figures and updates to its critical issue fast path proposal and stakeholders discussed their own proposals during the Aug. 1 CIFP process meeting.
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.
PJM requested a rehearing and clarification of FERC’s order to replace its market seller offer cap, arguing that the new construct would prove burdensome.
The D.C. Circuit Court of Appeals agreed with Public Citizen that FERC hasn't explained why it continues to uphold the expensive Southern Illinois capacity price produced in MISO’s 2015/16 capacity auction.
The Texas Public Utility Commission approved a change to the decommissioning funds for Vistra Energy’s Comanche Peak Nuclear Power Plant.
Vistra said it would retire the Coleto Creek plant no later than 2027 because it would be too expensive to comply with latest EPA rules.
Three energy industry CEOs shared their thoughts on New England’s electric transformation at CPES’ virtual fall conference.
Vistra said it is taking on the “changing power generation landscape” as it announced earnings that were above management’s expectations.
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