Capacity Market
MISO’s IMM urged the RTO to require that planning resources have firm transmission to ensure they can deliver their full installed capacity.
MISO offered its energy storage participation proposal for final stakeholder inspection while promising to introduce more new market rules in the future.
PJM’s market design and Exelon’s control of local generation allow the company to name its price for capacity commitments in the Chicago area.
NEPOOL approved new penalties for ISO-NE participants that fail to cover their capacity supply obligations when a new resource is delayed.
MISO leadership has not yet decided on how it can improve resource availability, though it is evaluating several possible remedies, the RTO said.
The first round of filings in PJM’s “paper hearing” on revisions to the capacity market showed wide disagreement over broadening the MOPR.
The MRC voted on four packages of revisions as part of PJM’s quadrennial review of the VRR curve, but none of the proposals received majority support.
Wheelabrator Technologies will refund ISO-NE capacity payments and pay a $250,000 civil penalty under a settlement approved by FERC.
The 2nd U.S. Circuit Court of Appeals upheld New York’s zero-emission credits for nuclear generation, rejecting claims they intrude on FERC jurisdiction.
The Illinois Commerce Commission suggested PJM consider ending its capacity market if it continues supporting policies that discount its preferences.
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