Capacity Market
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.
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'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
Several of the NEPOOL members expressed support for delaying the auction a year to help consider and potentially implement significant changes.
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 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.
The Illinois Commerce Commission has instituted a notice of inquiry over the potential benefits of Ameren Illinois quitting MISO to join PJM.
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.
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 showed updated risk analysis figures and stakeholders made new proposals during the July 17 Critical Issue Fast Path process meeting.
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