Demand Response
FERC last week left intact most of its 2010 order meant to mitigate market power in the installed capacity market in New York City.
A round-up of news from the PJM Planning Committee on March 12, 2015.
Last winter’s cold raised concerns about economic withholding, the PJM Independent Market Monitor said in its annual State of the Market report.
The overhaul of the electric industry in New York, Reforming the Energy Vision, will largely bar utility ownership of distributed energy resources.
PJM is proposing a change to the way it estimates demand response in its load deliverability analysis.
The 36% increase in prices in last week’s ISO-NE capacity auction likely represents the peak for the foreseeable future.
ISO-NE opened FCA 9 amid expectations of high prices as the region deals with plant retirements and tight natural gas supplies.
Boston lamented that PJM took unilateral action on several contentious proposals in 2014 after stakeholders were unable to reach consensus.
FERC yesterday asked the Supreme Court to overturn an appellate court ruling voiding its authority to demand response in RTOs, a day after PJM filed a contingency plan for including DR in its upcoming capacity auction.
FERC approved rule changes allowing ISO-NE grid operators to fully integrate demand response into their wholesale markets.
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