Capacity Market
At last week's MISO Resource Adequacy Subcommittee meeting, staff reviewed how capacity import limits can bind in the RTO's annual capacity auction.
A study by the Rocky Mountain Institute found that the combination of renewables and storage is already cheaper than natural gas peakers in some regions.
PJM has altered one of its recommended revisions to its capacity auction demand curve in response to stakeholder pressures.
The NEPOOL Participants Committee voted to change its bylaws to formalize the policy of banning the press from attending its meetings.
High uplift costs, market power and the capacity market highlighted the External Market Monitor’s concerns in the ISO-NE State of the Market report.
Panels at the MACRUC annual summer education session focused on nuclear subsidies and the impact of state policy initiatives on power markets.
FERC denied ISO-NE’s request for a Tariff waiver to keep Exelon’s Mystic plant running, instead ordering the RTO to allow cost-of-service agreements.
Rising state subsidies for renewable and nuclear power require PJM to revamp its MOPR to address price suppression in its capacity market, FERC ruled.
The Markets and Reliability Committee approved PJM’s proposed revisions to adjust the methodology for developing the capacity model for winter peak weeks.
The NYISO Business Issues Committee recommended approving extensions of historic fixed-price transmission congestion contracts.
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