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July 23, 2024

Forward Capacity Auction (FCA)

ISO-NE Error Could Cost GenOn Millions
GenOn Energy Management, a unit of NRG Energy, asked FERC for relief from what it called an “anomalous, illogical and patently unfair circumstance.”
New England Generators Challenge Sloped Demand Curve
New England power generators asked a federal appeals court to overturn FERC orders that accepted ISO-NE’s change to a sloped demand curve in advance of this year’s Forward Capacity Auction.
Congressional Meeting Fails to Sway LaFleur on Capacity Results
A meeting among the New England congressional delegation, ISO-NE and FERC Chairman Cheryl LaFleur ended the way that it started: with LaFleur and the RTO defending rising capacity prices and the delegation unhappy.
Connecticut Resource Outlook Improves, but Challenges Remain
The Connecticut Department of Energy issued its IRP last week, warning of natural gas pipeline constraints and stiffer competition for renewable resources.
ISO-NE Files Capacity Auction Results; Comments due April 13
ISO-NE filed the results of its ninth Forward Capacity Auction with FERC on Friday, starting the clock on a 45-day comment period.
LaFleur Rejects Further Review of 2014 ISO-NE Capacity Auction
FERC once again dashed the hopes of the New England congressional delegation seeking to challenge the results of last year’s ISO-NE capacity auction.
ISO-NE Capacity Prices Likely to Fall in Future
The 36% increase in prices in last week’s ISO-NE capacity auction likely represents the peak for the foreseeable future.
Prices up One-Third in ISO-NE Capacity Auction
The ninth Forward Capacity Auction in ISO-NE saw prices increase by about one-third as 1,400 MW of new resources cleared to replace retiring coal plants.
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.
ISO-NE Opens FCA 9 amid Expectations of High Prices
ISO-NE opened FCA 9 amid expectations of high prices as the region deals with plant retirements and tight natural gas supplies.

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