Capacity Market
ISO-NE asked for FERC approval of its two-stage capacity auction following months of negotiations that left the RTO’s stakeholders split.
Exelon and PSEG will have to wait until the next session of the New Jersey Legislature for a vote on a bill to provide payments to the state’s nuclear fleet.
Defenders of the Illinois nuclear subsidy program faced harsh questioning from a judge skeptical that it avoids federal pre-emption concerns.
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.
MISO’s 2018 to-do list includes continuing efforts to expand energy storage participation and extensive software upgrades.
ISO-NE will open the new year with a NEPOOL vote on its Competitive Auctions with Sponsored Policy Resources (CASPR) concept.
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.
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