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July 24, 2024

Capacity Market

Fletcher6, CC BY-SA 3.0, via Wikimedia Commons
FERC Accepts ISO-NE’s MOPR Transition Plan
FERC reluctantly accepted ISO-NE’s plan to remove its minimum offer price rule after a two-year transition period.
Potomac Economics
NYISO Monitor Proposes Capacity Pricing Overhaul
Potomac Economics is recommending that NYISO take a comprehensive approach to lowering the costs of satisfying the grid’s needs and improving incentives.
Vistra
MISO Customers Ask for Penalty-free Load Reductions
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
Midwest Capacity Shortage Leads to Must-offer Talk
MISO’s capacity auction shortfall has nearly doubled its probability of load shedding in its Midwest region, prompting discussion of must-offer requirements.
DOE
NYISO Business Issues Committee Briefs: May 19, 2022
The NYISO Business Issues Committee approved revisions to the Ancillary Services Manual and ICAP Manual, and discussed FERC's approval of its BSM rules.
ICC
MISO Exec, IMM Debate Next Steps After Capacity Auction Shortfall
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.
© RTO Insider LLC
FERC Accepts PJM Historical E&AS Offset Compliance
FERC accepted PJM’s compliance filing restoring the historical energy and ancillary services revenue offset used in the RTO’s capacity market.
AES Indiana
OMS Drafting Letter over MISO Resource Adequacy Concerns
The Organization of MISO States is preparing a letter to MISO leadership to stress resource adequacy work following the last month’s capacity auction.
© RTO Insider LLC
PJM MOPR Challenge May Set Legal Precedent on FERC Deadlocks
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 OKs NYISO Capacity Market Changes Stemming from NY Climate Law
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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