An earlier post discussed a complaint by the New England Power Generators Association (NEPGA) arguing that the inclusion of a large, high-cost generating plant in an upcoming capacity market auction will artificially suppress clearing prices. NEPGA has withdrawn its complaint because the generating plant’s owner has decided to retire it and, accordingly, the plant will
NEPGA
New England Market Price Suppression Complaint Draws Mixed Comments at FERC
By Inside Energy on
Posted in Electricity Grid
An earlier post discussed a complaint filed at FERC by the New England Power Generators Association (NEPGA) arguing that one of New England’s capacity market rules “will have a catastrophic impact on clearing prices” in the upcoming February 3 capacity market auction. NEPGA’s concern is that a large, high-cost generating plant will be counted toward…
New England Generators Complain: Market Rules Will Suppress Prices
By Inside Energy on
Posted in Electricity Grid
One aspect of New England’s capacity market rules “will have a catastrophic impact on clearing prices” in an upcoming auction according to a recent complaint filed at FERC by the New England Power Generators Association (NEPGA). The auction-based wholesale electricity capacity market operated by ISO New England secures one-year commitments to supply electricity three years…