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July 10, 2024

Capacity Market

Shutterstock
FERC Approves LS Power Gas Plant Purchase Despite PJM Monitor’s Concerns
FERC approved LS Power’s purchase of an 810-MW natural gas plant in central Pennsylvania despite some qualms from PJM’s Independent Market Monitor. 
Dominion Energy
FERC Allows Dominion’s FRR Resources to Shift to PJM Capacity Market
FERC granted a complaint from Dominion Energy to allow planned capacity resources to shift their participation from the Fixed Resource Requirement alternative to the Reliability Pricing Model capacity market.
Analysis Group
Stakeholders Battle over Battery as Proxy in NYISO Demand Curve Reset
NYISO stakeholders are divided over consultants’ proposal to use a two-hour battery as the peaking plant in the ISO’s capacity market demand curve, as part of its quadrennial demand curve reset for 2025-2029. 
© RTO Insider LLC
PJM MRC/MC Briefs: June 27, 2024
PJM’s Markets and Reliability Committee endorsed a proposal to align the day-ahead energy market commitment cycle with the daily gas nomination deadlines.
Shutterstock
PJM Consumer Advocates File Complaint on EE Market Design
Three state consumer advocates filed a complaint against PJM with FERC, alleging the RTO’s treatment of energy efficiency resources is unduly discriminatory and is not properly documented in its governing documents. 
Potomac Economics
NEPOOL Holds Summer PC Meeting amid New England Heat Wave, Climate Protests
NEPOOL held its annual summer Participants Committee meeting in New Hampshire during a multiday stretch of extreme heat and high demand on the New England grid.
MISO
FERC Approves Sloped Demand Curve in MISO Capacity Market
After two requests for more information and nine months, FERC has greenlit MISO’s plan to exchange its current, vertical curve for sloped demand curves in its seasonal capacity auctions.
Aurora Energy Research
Report Shows Wide Range of Data Center Demand Scenarios for Virginia
Growing demand from Northern Virginia’s Data Center Alley could outpace the power industry’s ability to keep up, according to a new report by Aurora Energy Research.
© RTO Insider LLC
FERC Accepts Results of New England Capacity Auction
FERC has accepted the results of ISO-NE’s forward capacity auction 18, finding the auction was run according to the rules of ISO’s tariff and protests submitted by climate activists were outside the scope of the proceeding.
PJM
EIA: Dispatch of Coal Generation Falls in PJM
Analysis from EIA finds the average runtime for PJM coal-fired generators has declined sharply over the past decade because of increasing fuel and start-up costs.

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