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July 3, 2024

Capacity Market

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DC Circuit Affirms FERC Order on PJM MSOC
The court reaffirmed FERC's order eliminating the default offer cap, denying generators' claims that the changes to PJM's market seller offer cap deprived them of the ability to set their own rates.
NYISO
NYPSC Seeks FERC Rehearing on NYISO’s 17-Year Amortization
The New York Public Service Commission asked FERC to again rule on its order accepting NYISO's 17-year amortization period proposal for calculating the annual costs for hypothetical fossil fuel plants.
PJM
PJM MIC Briefs: Aug. 9, 2023
PJM's Market Implementation Committee endorsed one of several packages to create new rules for generators with co-located load and rejected four proposals revising how generators providing reactive power service are compensated.
John Phelan, CC BY 3.0, via Wikimedia Commons
NEPOOL Debates Options for FCA 19
Several of the NEPOOL members expressed support for delaying the auction a year to help consider and potentially implement significant changes.
Entergy Arkansas
FERC Rejects MISO South Waiver Requests from MISO Accreditation Standard
FERC shut down the possibility of Entergy and other smaller MISO South providers bypassing a provision within MISO’s availability-based capacity accreditation rules.
PJM
PJM Refines Risk Modeling, Stakeholders Begin Final CIFP Presentations
PJM presented new risk modeling figures and updates to its critical issue fast path proposal and stakeholders discussed their own proposals during the Aug. 1 CIFP process meeting.
Ameren Illinois
Illinois Regulators Open NOI on Ameren MISO Membership
The Illinois Commerce Commission has instituted a notice of inquiry over the potential benefits of Ameren Illinois quitting MISO to join PJM.
PJM
PJM Updates Proposal as CIFP Nears End
PJM updated its Critical Issue Fast Path proposal, while several additional stakeholder presentations are scheduled for the remaining two meetings before they vote on packages.
D.C. Circuit Court of Appeals
DC Circuit Asked Again to Rule on NYISO’s 17-Year Amortization
The New York PSC petitioned the D.C. Circuit Court of Appeals to review FERC's approval of NYISO's proposal to use a 17-year amortization period for setting its cost of new entry.
PJM
PJM Updates Risk Analysis; Stakeholders Present Revised CIFP Proposals
PJM showed updated risk analysis figures and stakeholders made new proposals during the July 17 Critical Issue Fast Path process meeting.

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