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July 24, 2024

Capacity Market

Vegetation Eyed in AEP Ohio Outages Following Storms
AEP Ohio told PJM vegetation was a likely cause of the transmission failures that left more than 240,000 customers without power after storms in June.
© RTO Insider LLC
PJM Markets and Reliability Committee Briefs: June 29, 2022
At the first in-person MRC meeting since the pandemic, PJM faced opposition to proposals regarding FERC filings and a change to the capacity offer cap.
Brattle Group
Mass. AG Weighs in on Capacity Accreditation with Brattle Report
A Brattle Group report weighed in with recommendations for capacity accreditation as ISO-NE and NEPOOL revamp how they value energy resources' contributions.
COOKFOX Architects
Developer in ISO-NE Hit with FERC Fine for Capacity Market Fraud
The company behind a Massachusetts gas plant agrees to pay a $17 million penalty and hand back $26 million in profits after FERC found that it misled ISO-NE.
MISO
MISO Membership to Become More Valuable in Future
MISO expects the savings it delivers to its members under a resource sharing pool to more than triple within 20 years.
Potomac Economics
MISO Warming to Patton’s Sloped Demand Curve
MISO's board may be coming around to the idea of using a sloped demand curve to price capacity as the RTO confronts the possibility of resource shortages.
Fletcher, CC BY-SA 4.0, via Wikimedia Commons
FERC Investigating ISO-NE over Gas Plant’s Alleged Capacity Market Fraud
FERC is investigating ISO-NE’s role in alleged fraud by a project developer taking part in the RTO’s capacity market, the grid operator disclosed.
© RTO Insider LLC
Ex-FERC Commissioners Opine on Transmission, Markets
Ex-FERC Commissioners Norman Bay and Colette Honorable told war stories and commented on recent commission rulemakings at a forum on energy storage policy.
Low PJM Capacity Prices No Bargain, Coal & Gas Generators Say
Gas- and coal-fired generators said the sharp price drop in PJM’s 2023/24 capacity auction shows the RTO’s long-term reliability is at risk.
PJM
PJM Capacity Prices Crater
Capacity prices dropped by one-third to almost one-half in PJM’s auction for 2023/24, likely depressed by the end of the MOPR and a tougher price cap.

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