Capacity Market
ERCOT staffers and stakeholders gathered to hear advice from the RTOs that have already implemented real-time co-optimization in their markets.
PJM told stakeholders all deadlines for upcoming capacity auctions will be suspended pending FERC action on the RTO’s proposed revisions to its capacity market.
NEPOOL’s Reliability Committee did not endorse ISO-NE’s installed capacity requirement values, as the Generation and Supplier sectors voted in opposition.
PJM’s Monitor said the RTO should resume its efforts to close loopholes that allow demand response resources to sell high and buy low in its auctions.
PJM generators seeking must-offer exceptions will lose their capacity interconnection rights unless they meet CP requirements changes approved by FERC.
ISO-NE provided the NEPOOL Reliability Committee with more details on the forecasting changes that impacted the ICR in the CELT summer demand forecast.
MISO has softened a proposal to crack down on long-term outages from capacity resources, granting some wiggle room for outages taken in the summer.
MISO will suspend updates on its resource availability and need project through November to allow time for analysis that may drive future draft rules.
As PJM stakeholders anxiously await FERC’s ruling on expanding the MOPR, a new analysis says the policy could signifigantly increase capacity market prices
FERC may be unable to issue a ruling on PJM's capacity market rules before December, further complicating matters for the RTO and market participants.
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