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FERC sets agenda for conference on RTO capacity markets


From the August 27, 2013 issue of Public Power Daily

Originally published August 27, 2013

By Robert Varela
Editorial Director
The Federal Energy Regulatory Commission has issued a final agenda for its Sept. 25 technical conference to consider how the centralized capacity market rules in ISO New England, the New York Independent System Operator, and PJM Interconnection are working to assure resource adequacy. The one-day conference, which will be webcast, will have four panels on the following topics:
  • The role of centralized capacity markets in assuring resource adequacy;
  • Mechanics of current centralized capacity markets;
  • Adapting to industry changes; and
  • Considerations for the future.
APPA General Counsel and Senior Vice President for Policy Analysis Sue Kelly will speak on the fourth panel, which FERC said "will focus on whether new mechanisms and design tools could prospectively augment, supplement or substitute for typical centralized capacity market design elements in order to meet current and anticipated market challenges, and how capacity markets can accommodate evolving market developments and future risks."

Public Power Association of New Jersey Executive Director James Jablonski will appear on the second panel on the mechanics of the capacity markets. That session "will address basic design elements of centralized capacity markets, such as the forward commitment period, the demand curve and the establishment of locational and regional planning requirements, as well as the interaction among these design elements with energy and ancillary services markets," according to the commission.

A complete agenda is available on the commission’s website
 

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