Capacity Market
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.
The NEPOOL MC discussed changes to the frequency of FCM parameter recalculations, the continuous storage facility model and cybersecurity reporting.
Competitive Power Ventures’ proposal to revamp ISO-NE's financial assurance rules failed to win approval from NEPOOL’s Participants Committee.
MISO warned that even a normal amount of demand and generation outages will likely send it into emergency procedures this summer.
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