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December 25, 2024

Forward Capacity Auction (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.
FERC Approves New England Demand Response Integration
FERC approved rule changes allowing ISO-NE grid operators to fully integrate demand response into their wholesale markets.
FERC Rejects Bid to Increase DR, Distributed Generation in ISO-NE Capacity Calculations
FERC rejected a challenge by NESCOE to recalculate the contributions of DR and distributed resources in advance of ISO-NE FCA 9.
FERC OKs Tightened ISO-NE Screening on Capacity Imports
FERC last week accepted a plan by ISO-NE to increase its scrutiny of energy importers to mitigate market power in its capacity auctions.
States, NEPOOL: ISO-NE Overestimating Capacity Needs
ISO-NE has underestimated the impact of distributed generation and its pay-for-performance (PFP) program on the upcoming FCA 9, state officials told FERC.
ISO-NE Gens. Challenge Capacity Rules Ahead of FCA
ISO-NE generators, including NEPGA, asked FERC to change the New Entry Pricing Rule and the Peak Energy Rent Adjustment ahead of February’s FCA 9.
Verrilli to Seek Supreme Court Review of EPSA Ruling
U.S. Solicitor General Donald Verrilli said he will ask the Supreme Court to review an appellate court ruling voiding the FERC’s authority over DR in wholesale energy markets.
FERC Questions PJM Capacity Offer Cap
PJM’s Market Monitor overstepped its authority in calculating the capacity offer cap, but the RTO’s Tariff may need to be changed, FERC ruled.
Dynegy: Change MISO Capacity Rules or We’ll Join PJM
Dynegy said last week it will seek to move its Illinois generation to PJM unless MISO changes its capacity market rules.
PJM Members, Monitor Skeptical of Capacity Market Overhaul
Market Monitor Joe Bowring and stakeholders representing load expressed doubts last week about PJM’s latest capacity market proposals.

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