Capacity Market
A new report released says full market participation for renewables will require revisions to electricity markets, particularly in MISO and PJM.
FERC rejected a request to order CAISO to develop a capacity market to ensure traditional independent generators remain financially stable.
Ontario and Alberta are developing capacity markets as those in the U.S. face stress from subsidized resources and growing resistance from states and public power.
The Association of Power Producers of Ontario’s annual conference attracted about 300 people, a sharp drop from past years, when more than 500 attended.
NYISO is considering penalizing external resources that fail to perform when dispatched following a supplemental resource evaluation.
The National Association of Regulatory Utility Commissioners’ annual meeting attracted regulators, industry representatives and other stakeholders.
ISO-NE kicked off its formal annual review of the transmission system to delineate zones for Forward Capacity Auction 14.
MISO officials say they will follow through on most recommendations in its Independent Market Monitor’s 2017 State of the Market report.
The PJM Monitor remains unconvinced that performance metrics during localized load sheds should be used to calculate capacity market default offer caps.
PJM told the Market Implementation Committee that the Board of Managers’ investigation of the GreenHat Energy FTR default will run through the new year.
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