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Docket ER10-787

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January 20, 2012

FERC Grants Rehearing to Determine Future Treatment of OOM Capacity in ISO-NE

FERC has granted rehearing on a single issue of its April order regarding ISO New England's Forward Capacity Auction (FCA), which largely addressed buyer-side market power, to determine how to treat Out of Market (OOM) resources carried forward under one set of rules under a new and different set of…

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April 14, 2011

FERC Continues Assault on Retail Customers with Offer Floor Directive for FCA

Essentially providing a bailout to generators due to low capacity prices in ISO New England, FERC directed ISO-NE to develop a mitigation regime that relies on benchmark pricing for so-called out-of-market (OOM) capacity, but which does not procure more capacity than the Installed Capacity…

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