cost of new entry (CONE)
PJM shared its initial response to FERC’s April 16 rehearing orders on the MOPR, which required the RTO to make an additional compliance filing by June 1.
MISO’s capacity auction marked the RTO’s first clearing price set by its cost of new entry, as prices in the Lower Peninsula rocketed to almost $260/MW-day.
PJM’s Reliability Pricing Model is acquiring more capacity than needed, leading to dirtier, less efficient generation and excessive costs for consumers.
PJM officials told stakeholders that revised calculations show lower floor prices for gas, nuclear and solar generating units under the expanded MOPR.
PJM stakeholders got their first look at the price floors that could be applied for capacity resources under the expanded minimum offer price rule.
FERC’s Dec. 19 order expanding PJM’s minimum offer price rule prompted outrage among some officials in the RTO’s 13-state footprint.
NYISO is moving the proxy bus for pricing transactions with Ontario’s IESO to reflect power-flow changes from the implementation of phase-angle regulators.
MISO will suspend updates on its resource availability and need project through November to allow time for analysis that may drive future draft rules.
ERCOT in April set new monthly generation records for its wind and solar fleets, producing 7,148 GWh and 408 GWh, respectively.
ERCOT's Technical Advisory Committee tabled a request to lower the grid operator’s peaker net margin threshold pending further direction from the Texas PUC.
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