Capacity RSS Feed

PJM won’t delay capacity market order despite FERC impasse over rule changes

PJM won’t delay capacity market order despite FERC impasse over rule changes PJM’s decision to move forward with its capacity market auction this August reflects an extended impasse at FERC over how to handle renewable energy and nuclear subsidies put in place by states. Last June, FERC threw out PJM’s current rules because they allow … Continue reading PJM won’t delay capacity market order despite FERC impasse over rule changes

#Texas regulators direct higher plant payments amid capacity crunch concerns

Texas regulators direct higher plant payments amid capacity crunch concerns The PUCT’s decision to alter its pricing mechanisms is the latest in a series of regulatory responses to the retirement of large, aging coal and nuclear generators due to low natural gas and renewable energy prices. Last week, ERCOT announced it had approved the indefinite … Continue reading #Texas regulators direct higher plant payments amid capacity crunch concerns

FERC Rejects Electric Generators’ Request to Adopt Centralized Capacity Market in California

FERC Rejects Electric Generators’ Request to Adopt Centralized Capacity Market in California In June 2018, CXA La Paloma, LLC (“La Paloma”) filed a complaint at the Federal Energy Regulatory Commission (FERC or “the Commission”) seeking to require the California Independent System Operator (CAISO) to implement a centralized capacity market to procure the electric generation capacity … Continue reading FERC Rejects Electric Generators’ Request to Adopt Centralized Capacity Market in California

New England generators seek redo of FERC capacity order

New England generators seek redo of FERC capacity order Washington — Echoing retroactive ratemaking concerns raised by the chairman of the US Federal Energy Regulatory Commission, generators are asking FERC to reconsider an order that could impact the price generators would get paid to delay the retirement from the ISO New England capacity market. The … Continue reading New England generators seek redo of FERC capacity order

PJM continues trying to untangle subsidized resources from its capacity market

PJM continues trying to untangle subsidized resources from its capacity market New York — As PJM Interconnection prepares to file tariff revisions with federal regulators regarding changes to its capacity market structure designed to address subsidized resources, stakeholders Tuesday discussed PJM’s plan, along with how to handle New Jersey’s recently enacted nuclear subsidy law. he … Continue reading PJM continues trying to untangle subsidized resources from its capacity market

FERC lets PJM delay next capacity auction from May to August 2019

FERC lets PJM delay next capacity auction from May to August 2019 PJM’s capacity auction delay sets up a high-stakes battle this fall over the rules governing the largest electricity market in the U.S. Last month, state members of the Mid-Atlantic electricity market asked FERC to revisit its June decision invalidating capacity auction rules. FERC … Continue reading FERC lets PJM delay next capacity auction from May to August 2019

PJM can delay its 2019 capacity market auction for three months, says FERC

PJM can delay its 2019 capacity market auction for three months, says FERC New York — The US Federal Energy Regulatory Commission Thursday granted PJM Interconnection’s request to delay its 2019 capacity market auction by three months in order to allow time to implement rule changes ordered by the commission to address the impact of … Continue reading PJM can delay its 2019 capacity market auction for three months, says FERC

Stakeholders Across the Spectrum Ask FERC to Reconsider Its PJM Capacity Market Ruling

Stakeholders Across the Spectrum Ask FERC to Reconsider Its PJM Capacity Market Ruling Clean energy advocates, power plant owners and states fear FERC overstepped its bounds in demanding a remake of country’s biggest capacity market. Power plant operators, environmental and consumer groups, and states covered by PJM Interconnection are asking the Federal Energy Regulatory Commission … Continue reading Stakeholders Across the Spectrum Ask FERC to Reconsider Its PJM Capacity Market Ruling

Potential federal power plant subsidies complicate PJM capacity market rulemaking

Potential federal power plant subsidies complicate PJM capacity market rulemaking PJM doesn’t want to fight over ‘every single tax code provision’ The issue of how to define and address subsidies to power generation resources that participate in PJM Interconnection’s capacity auctions proved to be a challenge Wednesday when stakeholders met to discuss capacity market rule … Continue reading Potential federal power plant subsidies complicate PJM capacity market rulemaking