Capacity Market
Fletcher6, CC BY-SA 3.0, via Wikimedia Commons
FERC reluctantly accepted ISO-NE’s plan to remove its minimum offer price rule after a two-year transition period.
Potomac Economics is recommending that NYISO take a comprehensive approach to lowering the costs of satisfying the grid’s needs and improving incentives.
MISO transmission customers argued to FERC that MISO should allow customers to decrement their load penalty-free to lessen the possibility of summer blackouts.
MISO’s capacity auction shortfall has nearly doubled its probability of load shedding in its Midwest region, prompting discussion of must-offer requirements.
The NYISO Business Issues Committee approved revisions to the Ancillary Services Manual and ICAP Manual, and discussed FERC's approval of its BSM rules.
A month after its capacity auction revealed a Midwestern supply scarcity, MISO’s Independent Market Monitor and a MISO vice president debated the path forward.
FERC accepted PJM’s compliance filing restoring the historical energy and ancillary services revenue offset used in the RTO’s capacity market.
The Organization of MISO States is preparing a letter to MISO leadership to stress resource adequacy work following the last month’s capacity auction.
Legal challenges to the PJM MOPR do not just concern the RTO and its capacity market; they could set a precedent for how courts review tie votes at FERC.
Russell Lovrin, CC BY-SA 3.0, via Wikimedia Commons
FERC approved a trio of changes to NYISO’s capacity market that were spurred by New York’s Climate Leadership and Community Protection Act.
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