pay-for-performance
Speakers at the PJM Grid 20/20 symposium discussed the challenges of the electric industry’s historic shift to natural gas.
PJM’s Capacity Performance plan approved by the Federal Energy Regulatory Commission borrows elements from ISO-NE’s Pay-for-Performance program.
FERC backtracked from its January order directing ISO-NE to develop a market-based approach for its winter reliability program later this year.
ISO-NE asked FERC last week to reverse its order directing a market-based solution for the next winter reliability program.
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.
ISO-NE must find a market-based solution for ensuring adequate generation by next winter, the FERC said last week in a clarification of a previous order.
FERC rejected a challenge by NESCOE to recalculate the contributions of DR and distributed resources in advance of ISO-NE FCA 9.
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 generators, including NEPGA, asked FERC to change the New Entry Pricing Rule and the Peak Energy Rent Adjustment ahead of February’s FCA 9.
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.
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