Capacity Market
PJM wants to take a more holistic look at how the grid’s supply chain works and factor the findings into its markets.
When stakeholders begin considering potential changes to PJM’s demand curve next month, one of the main debates will likely center on whether combustion turbines should remain the reference technology for estimating the cost of new entry be replaced by combined-cycle gas turbines.
The NYISO Board of Directors has rejected two appeals of Management Committee votes on capacity zones and locational capacity requirements.
PJM members at last week’s MRC meeting endorsed revisions to an initiative examining the calculation of the balancing ratio used in setting capacity offer caps.
FERC approved PJM’s proposed rules for implementing restrictions imposed on energy efficiency resources by state or local regulators.
The closure of four nuclear plants in Pennsylvania and Ohio would boost power prices and carbon emissions, undoing the clean air benefits of renewables, according to a Brattle Group report.
A three-judge panel of the D.C. Circuit Court of Appeals questioned FERC over its approval of ISO-NE’s renewable exemption from the MOPR.
MISO reported clearing 135 GW of capacity, with nine of its 10 local resource zones clearing at $10/MW-day.
NYISO power prices averaged $29.91/MWh in March, down from $33.83 in February, and $34.97 the same month a year ago.
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).
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