FERC Order May Undermine Renewables, Energy Storage in New York’s Capacity Markets The Federal Energy Regulatory Commission has rejected the latest proposal from New York’s grid operator to allow renewable energy and batteries to compete against fossil fuels in its wholesale capacity market. That may give the state’s regulators and policymakers more reason to consider … Continue reading FERC Order May Undermine Renewables, Energy Storage in New York’s Capacity Markets→
FERC greenlights PJM reserve market overhaul, eyes synergy with capacity reforms The Federal Energy Regulatory Commission May 21 voted 3-1 in favor of a PJM Interconnection proposal designed to more accurately value reserves but criticized by some as yet another measure to boost the revenues of struggling fossil fuel-fired generators. Commissioner Richard Glick, the sole … Continue reading FERC greenlights PJM #reserve market overhaul, eyes synergy with capacity reforms→
FERC deals blow to New York renewable, storage projects, adding hurdles to NYISO capacity market FERC Chairman Neil Chatterjee insisted that the orders are distinct from other FERC decisions regarding the impact of state subsidies in regional transmission operator markets. “Today’s orders protect the competitiveness of New York ISO’s capacity market by addressing the price-distorting … Continue reading FERC deals blow to #New_York renewable, storage projects, adding hurdles to NYISO capacity market→
FERC’s Glick urges broader commission look at capacity markets, states’ rights The Federal Energy Regulatory Commission must revisit mandatory capacity markets and how regions ensure resource adequacy or risk putting in peril the future of regional transmission organizations, FERC Commissioner Richard Glick told state officials in an address that was highly critical of recent agency … Continue reading FERC ‘s Glick urges broader commission look at capacity markets, states’ rights→
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 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 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 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 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 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→
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