Capacity Market
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.
PJM’s long-awaited capacity construct redesign will have to wait at least another month for endorsement by the Markets and Reliability Committee.
PJM’s initiative to internalize all generator payments moved forward at the MRC when stakeholders endorsed the RTO’s proposal to examine price formation.
PJM’s Independent Market Monitor faced a barrage of questions at the final stakeholder evaluation of its MOPR-Ex capacity market proposal.
MISO said it will defer any initiative to account for outages in capacity planning until it kicks off a broader discussion on overall resource availability.
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability Committee on Dec. 21, 2017.
MISO’s Zone 4 either has sufficient reserves or is in dire straits, depending on the viewpoint expressed at an Illinois Commerce Commission workshop.
PJM staff unveiled their proposal on price formation at last week’s Markets and Reliability Committee meeting.
FERC Commissioner Neil Chatterjee promised ISO-NE that the commission will not become “hyper-politicized.”
In a 3 to 0 vote (McIntyre and Powelson did not participate), FERC again rejected the PJM compromise on the minimum offer price rule (MOPR).
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