Capacity Market
New England state officials heard suggestions for how ISO-NE’s electricity markets could be altered to aid in the implementation of decarbonization mandates
PJM stakeholders at the MRC rejected two proposals aimed at addressing a dispute over black start units' capital recovery factor.
MISO said it will soon present proposals for reformulating its VoLL while its IMM once again urged the RTO to nearly triple the current value.
FERC mostly accepted PJM’s tariff revisions accounting for when the default offer price floor exceeds the market seller offer cap under the expanded MOPR.
NEPOOL’s Markets Committee recommend the Participants Committee support tariff changes that would prevent resources from locking in prices for seven years.
NYISO is proposing to update its buyer-side mitigation processes to keep up with the number of new resources that will potentially be subject to the rules.
MISO plans to subdivide its annual capacity auction by seasons to better manage reliability risks caused by renewables’ growing share of the resource mix.
FERC approved a penalty of $1 million against Algonquin Power’s Windsor Locks plant for mishandling generators when offering into the ISO-NE markets.
NYISO petitioned the D.C. Circuit to review FERC’s rejection of the ISO’s proposal to exempt public policy resources from its buyer-side mitigation rules.
Tensions between New England states and ISO-NE came to a head last year when five governors issued a joint statement calling for reforms to the RTO.
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