Capacity Market
Dominion told Virginia regulators it is undecided about whether to pursue an FRR or remain in the PJM capacity market, where new self-supply resources would be subject to the MOPR.
Stakeholders asked if MISO’s new long-term generation outage policy played a role in driving up Michigan capacity prices in the Planning Resource Auction.
MISO’s plan to crop some load-modifying resources’ capacity credits remains unpopular with stakeholders, prompting the RTO to postpone the accreditation.
MISO is contemplating creating a seasonal design for its resource adequacy construct to manage potential reliability risks outside of the summer months.
PJM and its Monitor shared with stakeholders their proposals for responding to FERC’s directive that state default service auctions be subject to the MOPR.
PSEG CEO Ralph Izzo said it would be “logical” for New Jersey to abandon the PJM capacity market by adopting the fixed resource requirement option.
PJM shared its initial response to FERC’s April 16 rehearing orders on the MOPR, which required the RTO to make an additional compliance filing by June 1.
PJM’s Monitor defended a conclusion that ratepayers are likely to see cost increases in jurisdictions that exit the capacity market and adopt the FRR option.
PJM CEO Manu Asthana spoke about his personal background, career and leadership philosophy during a Raab Associates webinar.
FERC granted Goldman Sachs Renewable Power Marketing authority to make market-based sales but said it would consider it an affiliate of The Goldman Sachs Group investment bank despite its objections.
Want more? Advanced Search