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PJM Files Dueling Capacity Market Changes At FERC
As PJM recently announced it would do, PJM has filed with FERC two competing and mutually exclusive changes to the capacity market meant to blunt the ...
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FERC Approves Two-Stage Capacity Auction At ISO-NE, Glick Slams MOPR As Propping Up Capacity Prices
FERC approved as proposed ISO New England's Competitive Auctions with Sponsored Policy Resources (CASPR) two-stage capacity auction mechanism, which i...
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FERC Finds MISO Capacity Market Just & Reasonable, Won't Disturb Auction Results
In an order on remand from federal court, FERC found it could no longer accept a 2011 MISO filing implementing its capacity market design as just and ...
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FERC Accepts Revised PJM Capacity Aggregation Rules
FERC approved a tariff filing by PJM to adopt revised resource aggregation rules which were described as enhancements to the aggregation offer mechani...
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FERC OKs Settlement On ISO-NE Peak Energy Rent Mechanism, Says Applicability To FCA 9 Beyond Scope
FERC has approved a settlement among various New England stakeholders which resolves all issues set for hearing in the Commission’s January 19, 2017 o...
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PJM Board Sends Both Dueling Capacity Market Changes To FERC
Rather than deciding on a final capacity market design change to address state-subsidized generation, PJM's board has voted to send to FERC two compet...
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ISO New England Capacity Price To Decrease In 2021-2022
The ISO New England 12th Forward Capacity Market (FCM) auction (FCA #12) closed at a preliminary clearing price of $4.63 per kilowatt-month (kW-month)...
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FERC Closes Investigation Of Alleged Capacity Market Manipulation Citing Insufficient Evidence
In an annual report of enforcement activities, FERC Staff reported that, among the closed investigations in FY2017, was the investigation into bidding...
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TIEC: Retail Choice At Entergy Texas Would Be Hindered By MISO Forward Capacity Market
If the Midcontinent ISO ever adopted a centralized, forward capacity market for retail choice areas, "it would likely be necessary for the ETI [Enterg...
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DOE Staff Report On Electricity Markets Calls For More Products, Higher Prices
The Department of Energy released its Staff Report to the Secretary on Electricity Markets and Reliability. Among its recommendations, which would se...
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Capacity Price Spikes Creating Political Turmoil For Default Service, State’s Retail Market
The Rhode Island PUC approved without modification 50% increases in National Grid's (Narraganset Electric) default service electric rates, leaving...
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Draft DOE Study Says ORDC "Make[s] ERCOT’s Resource Adequacy Approach Similar To That of PJM"
Reuters obtained a draft of a U.S. Department of Energy study concerning a review of factors impacting electric markets and reliability (and baseload ...
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Court Vacates FERC Order Expanding Methods For New Generation To Avoid Price Floor in PJM BRA
The U.S. Court of Appeals for the D.C. Circuit vacated an order from FERC which expanded the avenues for generators in PJM to bid below the price floo...
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Appeals Court Order Upholding PJM Capacity Performance Highlights How Bad Decades-Old Design Was
The U.S. Court of Appeals for the D.C. Circuit issued an opinion denying challenges to FERC's adoption of PJM's capacity performance mechanism and des...
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FERC: ERCOT Summer Reserve Margin "Tight"; A Better Description Is Efficient
FERC issued a Staff summer 2017 reserve margin report stating, "The anticipated reserve margin in ERCOT continues to be tight when compared to the oth...
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