Capacity Market
FERC conditionally approved a PJM proposal to revise its approach to accrediting intermittent and hybrid resources under its ELCC model.
More generator companies filed complaints with FERC alleging that PJM violated its governing documents during its response to the December 2022 winter storm.
PJM presented a draft proposal to delay the next four Base Residual Auctions to the Members Committee during a special meeting.
Nautilus Power asked FERC to dismiss penalties over the December 2022 storm, saying PJM failed to provide sufficient notice for their units to purchase gas.
PJM proposed a new reliability metric to address resource adequacy concerns as stakeholders moved forward with plans to overhaul the RTO's capacity market.
MISO said it created more than $4 billion in value for its members during 2022, with most of the savings related to its large geographic footprint.
The PJM Board of Managers on Monday announced it will seek a delay in the 2025/26 Base Residual Auction scheduled for this June, as well as future auctions.
Two competitive electricity organizations have protested FERC’s show-cause order to MISO that will ultimately downsize resources’ capacity accreditation values.
PJM's vice president of market design told the MRC that the RTO is delaying its estimation of when it will be publishing a report on the December winter storm.
PJM needs to slow the pace of generation retirements to avoid reliability problems by 2030, CEO Manu Asthana told the Electric Power Supply Association.
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