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July 30, 2024

Capacity Market

Groups Seek to Head off ISO-NE EE Changes
Two groups petitioned FERC for a declaratory order regarding ISO-NE’s possible attempt to impact the eligibility of energy efficiency capacity resources.
PJM DR Subcommittee to Review Capacity Test Requirements
PJM would be tasked with updating the testing rules for rarely dispatched DR resources under a problem statement and issue charge presented to members.
Stakeholders Seek Slowdown on MISO RAN Project
Stakeholders are urging MISO to slow downits disjointed resource availability and need effort until it can measure the effects of 3 related FERC filings.
MISO Preliminary PRA Data up Slightly from Early Prediction
MISO’s recent resource adequacy filings with FERC will affect the timeline of an otherwise unremarkable capacity auction in terms of load forecasts.
Last Gasp Bid on PJM Price Formation Falls Short
PJM stakeholders failed again to reach agreement on energy price formation rules, as a last-ditch effort at compromise fell short in a sector-weighted vote.
ISO-NE Completes FCA 13 Despite Controversy
ISO-NE concluded Forward Capacity Auction 13, the 1st run under the CASPR rules, at the lowest clearing price in six years.
Vineyard Wind Files Emergency Motion to Stay ISO-NE Auction
Vineyard Wind filed an emergency motion for FERC to stay ISO-NE’s 13th Forward Capacity Auction, claiming it “will suffer irreparable injury” if it is not afforded renewable technology resource status.
FERC Clarifies ISO-NE Generator Delist Bid Rights
FERC clarified a capacity supplier’s retirement bid can enter ISO-NE’s Forward Capacity Auction if the supplier demonstrates the bid is just and reasonable.
Calpine Price Formation Plan Leads in PJM Vote
Calpine’s modification of PJM’s energy price formation proposal emerged as the first choice members will consider at Thursday’s Markets and Reliability Committee meeting.
Early MISO PRA Data Show Little Change
MISO posted draft 2019/20 Planning Resource Auction data that are virtually unchanged from last year’s early predictions.

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