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November 13, 2024

cost of new entry (CONE)

FERC OKs NYISO Demand Curve Reset
FERC approved the revised NYISO demand curves but said the ISO must eliminate the assumptions about new peaking plants in the NYCA.
MISO Resource Adequacy Subcommittee Briefs
MISO’s forward capacity auction proposal for merchant supply is close to being filed with FERC, and the RTO is using the final weeks to make presentations to support its stance.
MISO Stakeholders Provide Ideas on Incorporating Storage
MISO stakeholders are asking the RTO to think more broadly about how energy storage technologies can participate in its markets.
PSEG, P3 Group Appeal FERC Rulings on PJM Capacity Rules
PSEG and P3 had disputed PJM’s use of an 8% cost of capital used in cost of new entry calculations.
FERC Upholds PJM’s Capacity Market Parameters
PJM said the changes to the variable resource requirement curve and related pricing inputs were necessary to meet evolving market conditions.
FERC Clarifies NYISO ICAP Market Power Mitigation Order
NYISO said a 2012 FERC order was unclear with respect to the comparison made between the default offer floor and unit net CONE in determining the floor.
FERC Upholds ISO-NE New Entry Pricing; Rejects Challenges by Generators
FERC dismissed a challenge to the pricing rule for new generation in ISO-NE, which Exelon and Calpine had wanted tossed in advance of this week’s FCA.
PJM: EE, Renewables Could Save Some Coal Plants under Carbon Rule
Some coal-fired power plants at risk of retirement under the EPA’s carbon emission rule could survive thanks to renewable energy, according to a PJM study.
What You Need to Know about PJM’s Capacity Performance Proposal
PJM’s Board of Managers will file its Capacity Performance proposal this week with FERC to increase the reliability expectations of capacity resources with a “no excuses” policy.
Deadlock on Capacity Parameters
PJM members deadlocked last week on changes to capacity market parameters with none of five proposals winning a supermajority.

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