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July 31, 2024

Capacity Market

MISO RASC Zeroes in on Priorities
The MISO Resource Adequacy Subcommittee will devote time this year to several projects focused on improving the RTO’s resource adequacy construct.
Basin Electric Power Company
Basin Electric Freed of PURPA Purchases Over 20 MW
FERC on Monday approved Basin Electric Power Cooperative requests to eliminate its obligation to purchase power and capacity from generating facilities over 20 MW under the Public Utilities Regulatory Policies Act (PURPA).
PSEG
FERC OKs Lower Delist Threshold in ISO-NE
FERC approved ISO-NE’s reduction in the dynamic delist threshold for Forward Capacity Auction 13, turning aside protests by generators.
© RTO Insider
Split FERC Approves ISO-NE CASPR Plan
FERC approved ISO-NE’s two-stage capacity auction to accommodate state renewable energy procurements.
IMM Report Says PJM Prices Sufficient
While structural issues persist, PJM's markets were competitive in 2017, the RTO's Market Monitor said Thursday contradicting concerns from PJM and some stakeholders that prices are unsustainably low.
Coalition Targets Capacity Markets in Resiliency Docket
Consumer advocates, environmentalists, wind and solar developers and public power called on FERC Tuesday to “review the design of organized wholesale electricity markets, particularly capacity constructs” in its resiliency docket.
MISO
FERC Vacates, Upholds MISO Resource Adequacy Rules
FERC both vacated and reinstated MISO’s entire resource adequacy construct, ultimately leaving the RTO’s current capacity auction format undisturbed.
FERC OKs New ISO-NE Bilateral Capacity Trades
FERC accepted ISO-NE’s proposed annual reconfiguration transaction and a revised materiality threshold.
ISO-NE
Van Welie: ISO-NE in ‘Race’ to Replace Retirements
ISO-NE is racing to relieve natural gas pipelines constraints and interconnect new resources, CEO Gordon van Welie said.
APPA Celebrates Recent Victories; Presses on Infrastructure
APPA CEO Sue Kelly has been railing for years against RTO rules she says are skewed in favor of large transmission and generation owners. As members gathered for their annual Legislative Rally, the group could celebrate recent policy victories on both fronts.

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