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July 24, 2024

Capacity Market

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PJM Market Implementation Committee Briefs: Sept. 7, 2022
The PJM Market Implementation Committee narrowly rejected a proposed issue charge from curtailment service provider CPower Energy Management.
© RTO Insider LLC
FERC OKs MISO Seasonal Auction, Accreditation
MISO can establish a seasonal capacity auction and accreditation but cannot require a minimum capacity obligation, FERC ruled in a pair of orders.
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FERC Fines CPower $2.5M over ISO-NE Capacity Payments
CPower has agreed to a $2.5 million penalty after FERC's enforcement division found the company took capacity payments in violation of ISO-NE rules.
PJM
No Consensus on PJM Capacity Parameters
PJM members failed to find consensus on any of four proposed sets of capacity auction parameters, with the RTO’s proposal falling short of the necessary votes.
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PJM Markets and Reliability Committee Briefs: Aug. 24, 2022
Load interests continued to oppose PJM’s proposal to change the market seller offer cap, a month after it failed to meet the two-thirds endorsement threshold.
MISO Flags Capacity Gap Risks in Fleet Transition Assessment
MISO's Regional Resource Assessment found there will be a persistent risk of capacity shortfalls as fossil plants retire and more renewables come online.
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NE States Moving (Slowly) Toward Regional Clean Energy Market
Three New England state energy officials spoke to RTO Insider about the challenges of implementing a forward clean energy market with ISO-NE.
NYISO
NYISO: $1.5B in Tx Upgrades Needed to Deliver 2021 Class Year
About 40% of the proposed capacity seeking interconnection in NYISO’s class year 2021 is not deliverable without expensive upgrades, the ISO reported.
PJM
PJM MRC/MC Preview: Aug. 24, 2022
The PJM MRC will vote on rules governing the inclusion of variable environmental charges in cost-based offers and four sets of capacity auction parameters.
IMM Report Notes Rising Fuel, Congestion Costs in PJM
PJM's real-time LMPs and congestion costs both spiked in the first half of 2022, driven by increasing fuel prices and loads, the IMM reported.

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