Capacity Market
NOVEC weighed in with its own plan for reforming PJM’s capacity construct, saying the nine existing proposals ignored sometimes-illogical human behavior.
Michigan regulators issued an order outlining how electricity providers must demonstrate they have enough capacity to serve their customers for four years.
MISO has decided to delay the formation of external resource zones and seasonal capacity.
A consensus that appeared to be coalescing for how to revise PJM’s Incremental Auction process and address replacement capacity issues has dissipated.
PJM appears headed toward implementing a capacity construct that would reprice auction results to address the influence of subsidized generation offers.
Stakeholders appear to be eyeing the finish line of PJM’s yearlong effort to consider reforming its capacity construct.
FERC rejected a request to include the cost of emissions controls in the peaking plant design for the NYISO New York Control Area capacity demand curve.
The U.S. Energy Department’s study acknowledges its limited authority over wholesale markets, leaving it to FERC and RTOs to act on its recommendations.
After nearly a year of discussion on potential changes to PJM’s capacity model, stakeholders are determining what components a new construct should have.
FERC approved MISO’s more stringent capacity withholding rule while also allowing the RTO to remove demand response from market monitoring.
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