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November 27, 2024

Capacity Market

ISO-NE
ISO-NE: No Difference Between FCEM and ICCM — Yet
ISO-NE told stakeholders that Analysis Group’s modeling approach for a future capacity market construct is consistent with both an FCEM and ICCM.
Overheard at the Energy Bar Association 2021 Annual Meeting
EBA marked its 75th anniversary at its virtual annual meeting, which included sessions on capacity markets and remarks by FERC Chair Richard Glick.
NEPOOL Markets Committee Briefs: May 11, 2021
ISO-NE’s winter wholesale market costs totaled $2.33 billion, a 31% increase from the previous winter driven by higher energy costs.
PJM Must Consider Longer Asset Life for Generator
PJM must consider generator operating lives of more than 20 years under the unit-specific review process, FERC ruled just before the RTO's capacity auction.
PJM Defends Dominion FRR Filing
PJM defended its handling of Dominion Energy’s decision to opt out of the May 19 capacity auction, asking FERC to reject a complaint by LS Power.
MISO Resource Adequacy Subcommittee Briefs: May 12, 2021
MISO said it will attempt at a long-term resource forecast, taking into account members' evolving resource mix over a 20-year timeframe.
Overheard at IPPNY 2021 Spring Conference
New York state officials and FERC Chair Richard Glick outlined public policy challenges for 200 participants at the IPPNY annual Spring Conference.
MISO to Recycle Participation Models for Order 2222
MISO said that it will skip over the participation of small DER aggregations in its FERC Order 2222 compliance plan in order to simplify the market design.
LS Power Challenges Dominion FRR Plan
LS Power asked FERC to block Dominion from opting out of PJM’s capacity auction, saying the RTO violated its rules by accepting the utility’s FRR election.
LandVest
NEPOOL Participants Committee Briefs: May 6, 2021
ISO-NE briefed the NEPOOL Participants Committee on a project to address the removal of the minimum offer price rule from the capacity market.

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