Competitive Auctions with Sponsored Policy Resources (CASPR)
Attendees of the Infocast New York Energy Market Summit discussed transmission development, offshore wind and conflict between state policies and markets.
A three-judge panel of the D.C. Circuit Court of Appeals questioned FERC over its approval of ISO-NE’s renewable exemption from the MOPR.
FERC Commissioner Robert Powelson said ISO New England (ISO-NE) needs to overcome its aversion to new energy infrastructure to avoid natural gas shortages in the winter.
FERC approved ISO-NE’s two-stage capacity auction to accommodate state renewable energy procurements.
ISO-NE is racing to relieve natural gas pipelines constraints and interconnect new resources, CEO Gordon van Welie said.
ISO-NE defended its proposed two-stage capacity auction, responding to criticism by its External Market Monitor and others.
Stakeholders have responded to ISO-NE’s filing of a proposed two-stage capacity auction with a flurry of comments to FERC.
New England state regulators ended up split over the ISO-NE CASPR proposal — yet seemingly united in their dismay over the RTO’s stakeholder process.
ISO-NE asked for FERC approval of its two-stage capacity auction following months of negotiations that left the RTO’s stakeholders split.
ISO New England (ISO-NE) stakeholders are trying to reach agreement on CASPR, a two-tier market construct to integrate state-sponsored renewables.
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