September 20, 2013
ISO New England: "Difficult" to Call Capacity Market a Success When Resources Fail to Perform, and NERC Violation Occurs (Solution is to Borrow from Energy-Only Market!)
"It is difficult to declare the [ISO New England] capacity market a success if a significant number of the resources that have been selected and compensated as capacity resources fail to perform as needed," Robert Ethier, Vice President of Market Development for ISO New England, said in comments at…