The first round of filings in PJM’s “paper hearing” on revisions to the capacity market showed wide disagreement over broadening the MOPR.
The Illinois Commerce Commission suggested PJM consider ending its capacity market if it continues supporting policies that discount its preferences.
A coalition has developed principles they say will "protect the achievement of state policy goals" under FERC's ordered redesign of the PJM capacity market.
PJM staff unveiled a new capacity market proposal at a special session of the Markets and Reliability Committee: the Resource-specific Carve Out, or ReCO.
FERC wants PJM’s capacity rules to be resolved by Jan. 4 and has dispatched staff to help the RTO and its stakeholders adhere to that timeline.
Three owners of gas-fired generation in PJM’s territory have filed a complaint asking FERC to direct the RTO to adopt what they’ve termed a “clean MOPR.”
Comments on PJM’s “jump ball” proposals for protecting the capacity market from subsidized resources were almost uniformly negative.
PJM filed with FERC to consider both its two-stage capacity repricing proposal and its Market Monitor’s plan to expand the minimum offer price rule (MOPR).
PJM will ask FERC to choose between capacity market proposals by its staff and its Market Monitor (MOPR-Ex) to insulate its market from state subsidized generation.
PJM has a lot on its plate for 2018, including an ongoing effort to change its capacity market structure, the DOE NOPR and gas-electric coordination.