Capacity Market
PJM Power Providers asked the 3rd U.S. Circuit Court of Appeals to overrule a FERC order allowing PJM to recalculate reliability requirement parameter for BRAs.
The PJM Markets and Reliability Committee on Wednesday endorsed a new renewable dispatch structure proposed by the RTO and the Independent Market Monitor.
A new report from the American Council on Renewable Energy recommends MISO make multiple edits to its markets to take advantage of a shifting resource mix.
ISO-NE stakeholders approved a proposed filing on DERs but rejected the RTO’s concerns in backing Ocean State Power's bid to remain a capacity resource.
FERC approved MISO’s reworked ratio for use in its capacity auction a day before MISO began accepting offers on the postponed auction.
The PJM Market Implementation Committee overwhelmingly voted to endorse manual revisions to put limits on when generators can submit real-time values.
PJM asked FERC to initiate settlement judge procedures in its dispute with generators over nonperformance penalties for Winter Storm Elliott.
MISO will fire up its capacity auction machinery beginning April 18 after it was forced to delay the auction last month on a FERC order.
PJM has assessed more than $1.8 billion in performance penalties on generators that underperformed during the December 2022 winter storm, the RTO said.
PJM asked FERC to delay its capacity auctions to give the RTO time to incorporate rule changes to address reliability concerns.
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