Capacity Performance RPM Auction Results Overview

Slides:

Advertisements

Similar presentations

Proposal For Improvement to the Current ICAP Market Markets Committee October 12, 2004 Ken Bekman Con Edison Energy.

Advertisements

Update on Demand Resource Participation in New Englands Forward Capacity Market Henry Yoshimura Demand Resources Department ISO New England, Inc. Holyoke,

Ohio Utility Regulation Our approach to utility regulation is predicated upon our mission: Our mission is to assure all residential and business costumers.

London Economics International LLC Dr. Serkan Bahçeci Contact: A Comparative Analysis of Actual LMPs and Estimated SRMCs in.

Demand Response in the Reliability Pricing Model Chuck Whitlock.

PJM©2014www.pjm.com Winter 2014 Overview & Recent and Upcoming Market Rule Changes Adam Keech Director, Market Operations.

Resource Adequacy in PJM

Informations about Brazilian Auctions Reserve Energy Auction – LER 2013 Date of Occurrence : August 23th, 2013 Date for Supply: September /2015.

LTTR, FCM, RPM, MRTU: Do More Acronyms Mean Better RTO Markets? An Overview of Various RTO Capacity Constructs and their Impact on Load.

Susan Covino Senior Consultant, Emerging Markets March 31, 2015

RTO 101: Session 5 How RTOs Use Markets to Achieve Short-run Reliability and Long-run Resource Adequacy Prepared by John Chandley for PJM and Midwest ISO.

Wind Power in Ireland: Treatment of wind in the Single Electricity Market APEx Conference, Paris 16 th October 2007.

Reliability Pricing Model (RPM) Overview Andrew Ott PJM Senior Vice President, Markets.

Nodal Pricing in an LMP Energy Market

The Value of Electric Transmission NASUCA Mid-Year Meeting June 25, 2012.

Overview of the North American and Canadian Markets 2008 APEX Conference in Sydney, Australia October 13, 2008 Hung-po Chao Director, Market Strategy and.

Power transmission and generation politics Mitchell Johnston CBE /27/2014.

New Jersey’s Clean Energy Program: Solar Market Update Charlie Garrison Solar Transition Meeting 2/16/2012.

Overview of the Capacity Markets in the United States 2008 APEX Conference in Sydney, Australia October 13-14, 2008 Hung-po Chao Director, Market Strategy.

New Jersey Board of Public Utilities New Jersey Solar SREC Program Completely Rebate-free since 2010 NREL SREC Webinar 1/18/12 Mike Winka, Director NJBPU.

PJM© Welcome to PJM. PJM© Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle.

PJM©2013www.pjm.com Economic DR participation in energy market ERCOT April 14, 2014 Pete Langbein.

Attachment to Testimony of Joseph Bowring Ohio Energy Mandates Study Committee April 16, 2015.

PJM©2012www.pjm.com PJM’s Experience with Capacity Markets Terry Boston President & CEO PJM Interconnection Power Across Texas September 21, 2012.

Distributed Generation/Demand Resources in ISO New England’s Wholesale Markets 2nd Annual Distributed Energy Conference - Building Resilient Communities.

PJM©2015 Updates to PJM Load Forecast Model OPSI Annual Meeting October 12, 2015 Tom Falin Manager – Resource Planning

What Was Learned From the 2015 Transition and Base Residual Auction Results? October 13, 2015 OPSI Annual Meeting CP Auction results – A DR perspective.

OPSI Annual Meeting October 13, Session 6 Reliability Pricing Model: Are Further Changes Necessary? Reluctantly…yes But States should also be.

APS Renewable Energy Overview and Highlights 2010 Southwest Renewable Energy Conference Santa Fe, New Mexico Greg Bernosky – Renewable Energy Planning.

Gas/ Electric Coordination

For more information on Solar energy visit the web link

OPSI Annual Meeting October 8 th Should all capacity resources be paid the same? -Demand Response operational deployment.

PJM©2014www.pjm.com State of Demand Response Stu Bresler Vice President- Market Operations PJM Interconnection 10 th OPSI Annual Meeting October 13, 2014.

Planning Conference on Maryland’s Energy Future Dan Ervin Ph. D., Director, ShoreENERGY™ The Energy, Economic and Sustainability Program of the Franklin.

Hourly Offers Schedule Update Examples

PJM Footprint Roundtable

Integrating State Public Policy Resources into Markets June 2, 2017 Chairman Gladys M. Brown, Pa Public Utility Commission.

Allegheny Power Residential Demand Response Program

Use other resources to generate electricity

Pennsylvania - Electricity

Pennsylvania - Electricity

Duquesne Light Company Makes Heads or Tails of “PJM Market Design Proposals Addressing State Public Policy Initiatives Capacity Repricing” OPSI 2017.

Pennsylvania – Electricity

Electric Distribution Sector

PLANNING CONFERENCE ON MARYLAND’S ENERGY FUTURE July 26 – 27, 2007

OPSI 10th Annual Meeting Improving Generation Performance

Pennsylvania – Electricity

Transmission Planning at PJM Interconnection LLC

Pennsylvania – Electricity

NS4960 Spring Term, 2018 China: Expanded Renewables

Day-ahead market coupling

Resilience and Reliability in PJM’s Competitive Markets

30 Minute Reserves EPFSTF January 4,

Pennsylvania – Electricity

Pennsylvania – Electricity

Pennsylvania – Electricity

Pennsylvania – Electricity

Pennsylvania – Electricity

Competitive Industry Report and Calculations

Pennsylvania - Electricity

Pennsylvania – Electricity

Pennsylvania – Electricity

Pennsylvania – Electricity

Tom Clark Vice President, Customer Service & Service Area Development

Pennsylvania – Electricity

Pennsylvania – Electricity

Pennsylvania – Electricity

Pennsylvania – Electricity

Oregon Energy Plan As of April 2005.

Pennsylvania – Electricity

Presentation transcript:

Capacity Performance RPM Auction Results Overview Adam Keech Senior Director, Market Operations 2015 OPSI Annual Meeting October 14, 2015 www.pjm.com

2018/2019 Base Residual Auction Results Summary www.pjm.com

2018/2019 BRA Final Clearing Prices and MW Quantities LDA Offered MW Cleared MW Capacity Performance Clearing Price Base Base DR/EE RTO 179,891.2 166,836.9 $164.77 $149.98 EMAAC 33,840.0 31,069.0 $225.42 $210.63 PEPCO 5,991.2 5,478.7 $41.09 BGE 4,224.9 3,296.9 $59.95 COMED 26,275.6 23,320.4 $215.00 $200.21 PPL 11,157.6 9,526.9 $75.00 www.pjm.com

Base & Capacity Performance – Cleared Resources Cleared MW (Unforced Capacity) Base Capacity Capacity Performance Total Generation 16,277.10 138,228.90 154,505.90 Hydro 3,540.70 3,732.20 7,272.90 Wind 669.20 188.00 857.20 Solar 180.70 3.00 183.70 Demand Response 9,600.20 1,484.20 11,084.40 Energy Efficiency 359.20 887.30 1,246.50 26,236.50 140,600.40 166,836.90 www.pjm.com

RPM RTO Clearing Prices (2007/2008 – 2018/2019) www.pjm.com

2016/2017 Capacity Performance Price www.pjm.com

2016/2017 Incremental Auction – UCAP Converted & New Commitments Offered Capacity (UCAP MW) Cleared Capacity Converted Commitment New Commitment RTO (without MAAC) 84,207.30 78,892.50 75,483.60 3,498.90 MAAC 35,347.60 16,114.10 15,367.20 746.90 Total 119,554.90 95,096.60 90,850.80 4,245.80 RTO (without MAAC) AEP, APS, ATSI, ComEd, Dayton, DEOK, DOM, EKPC and Duquesne MAAC AECO, BGE, DPL, JCPL, Met-Ed, PECO, Penelec, PEPCO, PPL, PSEG and RECO www.pjm.com

2017/2018 Capacity Performance Price www.pjm.com

2017/2018 Incremental Auction – UCAP Converted & New Commitments Offered Capacity (UCAP MW) Cleared Capacity Converted Commitment New Commitment RTO (without MAAC) 87,919.6 73,726.0 66,575.9 7,150.1 MAAC 45,849.2 38,468.5 35,601.6 2,866.9 Total 133,768.8 112,194.5 102,177.5 10,017.0 RTO (without MAAC) AEP, APS, ATSI, ComEd, Dayton, DEOK, DOM, EKPC and Duquesne MAAC AECO, BGE, DPL, JCPL, Met-Ed, PECO, Penelec, PEPCO, PPL, PSEG and RECO www.pjm.com