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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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PJM Posts Updated Capacity Market Repricing Proposal, Previews Energy Market Price Formation Paper
PJM has posted an updated Capacity Market Repricing Proposal and previewed an Energy Market Price Formation Working Paper that is to be released June ...
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Pat Wood: Any Texan Paying North of 9 Cents For Power In Houston Is A "Dumb---"
Anyone in the Houston area with electric choice paying in excess of 9 cents per kWh for power is a, "dumb---", Pat Wood, former Texas PUC Chair, said ...
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Calpine Reports PJM Capacity Auction Results
Calpine reported its results from the PJM 2020/2021 base residual auction. Calpine cleared a total of 5,309 MW in PJM’s 2020/2021 base residual au...
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Exelon Says Two Of Its Nukes Fail To Clear PJM Capacity Auction
Exelon Corporation today announced that its Three Mile Island (TMI) and Quad Cities nuclear plants did not clear in the 2020-21 PJM capacity auction ...
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Dynegy, PSEG Power Report Results From PJM Capacity Auction
Dynegy announced that it cleared a total of 10,217 megawatts (MW) at a weighted average clearing price of $122.19 per megawatt-day equating to approx...
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Pa. PUC Vice Chair Concerned w/ Increased Reliance on "Theoretical" Prices, Assumptions In RPM
In an April 25 written statement in advance of a FERC technical conference on the intersection of state and federal policies with respect to organized...
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Legacy of Capacity Market: Has Electricity Deregulation Hit A Wall?
Writing in the Houston Chronicle, James Osborne covers recent remarks made by FERC Chair Cheryl LaFleur, who, on discussing various state-mandated pur...
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FERC Issues Updated Agenda With Panelists for Tech Conference on State Actions Impacting RTO Markets
FERC has issued an updated agenda with panels and speakers for its technical conference on various state actions (subsidies, etc.) affecting wholesale...
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NY Generators Again Press For Forward Capacity Market
New York generators again pressed for FERC direction that the New York ISO adopt a forward capacity market, this time in filing comments at FERC conce...
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Michigan, MISO Agree To Implement State Capacity Charge Applicable To Retail Suppliers
The State of Michigan and the Midcontinent ISO have announced that they have reached an agreement on resource adequacy issues that includes the use of...
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Exelon Says Won’t Invest In New, Non-Contracted Generation (Won’t Invest on Capacity Market Alone)
Self-proclaimed leader in competitive generation Exelon said during an analyst day yesterday that Exelon will no longer invest in building new assets ...
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APPA: Only 14% of New Capacity Nationally Built in RTOs With Capacity Markets
The American Public Power Association released an update to its report finding that capacity markets do not incent new generation, finding that, in 20...
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Dynegy Reports Results From 2017/2018 PJM Transition Auction
Dynegy Inc. today reported its results from the PJM transition auction for the 2017/2018 delivery year. The transition auction cleared at $151.50 per ...
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AEP Announces Outcome of PJM Capacity Auctions
American Electric Power today announced that 7,209 megawatts (MW) of the company's unregulated generation fleet in the PJM Interconnection cleared the...
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