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November 22, 2024

cost of new entry (CONE)

© RTO Insider LLC
PJM Monitor Petitions FERC to Change Capacity Performance Penalty Calculation
PJM's Independent Market Monitor filed a FERC complaint alleging the RTO's Capacity Performance penalty structure undermines reliability and offered an alternative calculation based on capacity revenues.
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PJM Stakeholders Approve New CONE Area for ComEd over Consumer Opposition
The PJM Markets and Reliability Committee overrode concerns from Illinois consumer advocates and regulators to create a fifth cost of new entry area for the Commonwealth Edison region.
PJM
PJM MRC/MC Preview: Oct. 25, 2023
PJM's Markets and Reliability Committee and Members Committee will meet Oct. 25, with potential votes on creating a fifth cost of new entry area for the Commonwealth Edison zone in Illinois, the 2023 Reserve Requirement Study and capacity offers for generators with co-located load.
D.C. Circuit Court of Appeals
PSC Takes FERC Back to Court Over NYISO’s 17-Year Amortization
The New York PSC asked a federal appeals court to overturn FERC’s approval of NYISO’s 17-year amortization period in its installed capacity market.
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PJM MIC Briefs: Oct. 4, 2023
The PJM Market Implementation Committee endorsed the creation of a fifth cost of new entry area for the Commonwealth Edison zone, as well as two proposals aiming to limit the prospective performance impact of implementing multi-schedule modeling in the market clearing engine.
NYISO
FERC Reaffirms NYISO’s 17-Year Amortization, Dismisses Protests
FERC reaffirmed its support for NYISO’s 17-year amortization period in its installed capacity market, rejecting protests from state regulators and consumers.  
MISO
MISO 2024 CONE Values Jump on Inflation
MISO has calculated significant increases in its annual cost of new entry for use in its capacity auction in the 2024/25 planning year.
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PJM MRC/MC Briefs: Sept. 20, 2023
PJM's Markets and Reliability Committee endorsed issue charges, opening stakeholder discussions on generator deactivation timelines and a potential overhaul of the reserve markets during its Sept. 20 meeting.
D.C. Circuit Court of Appeals
NYPSC Continues Legal Battle Over NYISO’s 17-year Amortization
The NYPSC has filed a third petition seeking federal judicial review of FERC orders related to NYISO's proposed 17-year amortization period for its demand curves in capacity market auctions.
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PJM MIC Briefs: Sept 6, 2023
Voltus withdrew a demand response resource issue charge, while AEP and Dominion proposed a  capacity obligation issue charge.

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