Capacity Market
MISO posted draft 2019/20 Planning Resource Auction data that are virtually unchanged from last year’s early predictions.
Independent Market Monitor Joe Bowring said PJM’s proposed revisions to how it prices reserves necessitates changes in the capacity market.
The PJM Market Implementation Committee discussed the must-offer exception process and FERC’s energy storage order at last week's meeting.
ISO-NE urged FERC to reject a protest over the RTO’s proposed “test price” mechanism to be applied to resources seeking to retire capacity.
A PJM proposal to revise rules on non-retail behind-the-meter generation was met with suspicion from municipal utilities and cooperatives.
FERC approved ISO-NE’s proposed values for the Installed Capacity Requirement, capability credits and related values in time for the capacity auction.
The Coalition of Midwest Power Producers filed a complaint with FERC alleging MISO is improperly accounting for the deliverability of capacity resources.
In many ways, PJM's 2018 was much like years before, with capacity and energy market rules under constant redesign. Some stakeholders have grown weary of the churn.
MISO will spend much of 2019 working on how it can prevent the increasingly frequent emergency conditions it experienced in 2018.
FERC proposed to exempt market participants in ISO-NE, MISO, NYISO and PJM from its indicative horizontal market power screens.
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