Category Archives: Forward Capacity Market

CPES Policy Committee Update: May 23, 2017

This update features policy, regulatory, legislative, and regional developments in Connecticut and New England. The policy updates are compiled by the CPES New Energy Professionals Team. If you are interested in learning more about the New Energy Professionals, the Policy Committee, or if you have ideas for future policy updates, we would welcome your input and feedback. Please send comments to Kathryn Dube, CPES Executive Director, via email: kdube@ctpower.org.

This week’s feature:

  • Integrating Markets and Public Policy (IMAPP) Discussions Continue on Potential Market Rule Changes

REGIONAL AND INDUSTRY DEVELOPMENTS

Integrating Markets and Public Policy (IMAPP) Discussions Continue

On May 17, 2017, market participants, state regulators, and other stakeholders continued discussions on potential market rule changes to integrate the region’s wholesale electricity markets with the public policy goals of the New England states (the IMAPP initiative). The meeting featured a presentation by ISO New England on a proposed approach that could be implemented in the near term. Conceptually, the ISO’s approach seeks to coordinate the entry of new subsidized clean energy resources with the retirement of existing capacity resources through the Forward Capacity Market (FCM). By doing so, the FCM can accommodate the entry of significant subsidized resources over time while maintaining competitively-based capacity prices for non-subsidized resources. The ISO’s approach is being referred to as Competitive Auctions with Subsidized Policy Resources or “CASPR.” A detailed discussion paper and highlights from the CASPR design approach are available on the ISO New England website

For additional information, visit NEPOOL’s Integrating Markets and Public Policy website.

CONNECTICUT LEGISLATIVE UPDATE:

Information about the Energy and Technology Committee, including committee meetings and public hearings, is available at: https://www.cga.ct.gov/et/

The Energy and Technology Committee’s JF deadline was March 23, 2017.  The list of bills reported out of the Energy and Technology Committee is available here and additional information about the status of these bills is available at this link.

CPES does not take a position on these legislative proposals; this is provided for informational purposes only to CPES members.

CPES Policy Committee Update: July 26, 2016

This update features policy, regulatory, legislative, and regional developments in Connecticut and New England. The policy updates are compiled by a team recently formed with support from CPES, known as the New Energy Professionals. If you are interested in learning more about the New Energy Professionals, the Policy Committee, or if you have ideas for future policy updates, we would welcome your input and feedback. Please send comments to Paul Brady, CPES Executive Director, via email: pbrady@ctpower.org.

This week’s features:

  • PURA Examines Time of Use Rates for Electric Vehicles
  • NEPOOL Announces Market and Policy Meeting For August 11, 2016
  • MA Legislation Seeks to Promote Energy Diversity
  • NY PSC Issues Moratorium on Retail Choice for Low-Income

 

Connecticut Public Utilities Regulatory Authority

Time of Use Rates for Electric Vehicles

PURA has opened a new docket seeking to investigate commercial and residential time of use rates for electric vehicles. Public Act 16-135 An Act Concerning Electric and Fuel Cell Electric Vehicles, amended Section 16-19f(b) of the General Statutes of Connecticut in part by requiring the PURA, no later than June 1, 2017, to “consider and determine whether it is appropriate to implement electric vehicle time of day rates for residential and commercial customers.”  That statute also requires that the PURA’s consideration be made after public notice and hearing. This docket will be the administrative vehicle under which the PURA will conduct its investigation. A link to Docket No. 16-07-21 – PURA Investigation into the Implementation of Electric Vehicle Time of Day Rates for Residential and Commercial Customers is available here.

 

Regional & Industry Developments

New England Power Pool Wholesale Markets and State Public Policy Meeting Set for August 11, 2016

On August 11, 2016, the New England Power Pool (NEPOOL) is hosting a forum to discuss potential wholesale market design changes that would enable competitive markets to better accommodate state public policy objectives in New England. The meeting is intended to begin the solution identification process by hearing from stakeholders on potential ways to adjust wholesale power markets in order to achieve and accommodate the public policy objectives the New England states have identified. Potential solutions may include mechanisms market participants have advanced in the past, in other regions, or other ideas that have not yet been put forward.

Under the NEPOOL process, discussions will likely include further refinement of the problems to be solved and the objectives for those solutions. Public officials from all six New England states are planning to attend to listen and enhance their understanding of various means to achieve public policy objectives in future years.

For more information, visit the ISO’s Wholesale Markets and State Public Policy Initiative webpage.

 

NYPSC Issue Moratorium on Low-Income Choice  

http://www.rtoinsider.com/nypsc-moratorium-esco-low-income-sign-ups-28861/

 

Legislative Affairs

MASSACHUSETTS LEGISLATION:

Information about the Joint Committee on Telecommunications, Utilities and Energy, including hearings and bills in committee, is available at: https://malegislature.gov/Committees/Joint/J37

There have been no recent developments relating to the following events that may be of interest to you:

  • On June 30, 2016, the Senate passed 2372 (An Act to promote energy diversity).  On July 7, 2016, the House did not concur with the Senate amendments (H.4385:  An Act to promote energy diversity) and a committee of conference was appointed.  On July 8, 2016, the Senate insisted on its amendments and named members to the committee of conference.

 

CONNECTICUT LEGISLATION:

Information about the Energy and Technology Committee, including committee meetings and public hearings, is available at https://www.cga.ct.gov/et/

CPES Policy Committee Update: July 12, 2016

This update features policy, regulatory, legislative, and regional developments in Connecticut and New England. The policy updates are compiled by a team recently formed with support from CPES, known as the New Energy Professionals. If you are interested in learning more about the New Energy Professionals, the Policy Committee, or if you have ideas for future policy updates, we would welcome your input and feedback. Please send comments to Paul Brady, CPES Executive Director, via email: pbrady@ctpower.org.

This week’s features:

  • PURA Reverses Position on Combined-Heat-And-Power (CHP) Facilities
  • ISO NE release guide for participation in Forward Capacity Market
  • The 2016 Connecticut regular session ended on May 4, 2016.  We will continue to track any legislative items in Connecticut that may be of interest to you.  In addition, we will begin tracking other state legislative actions in the region.

 

Connecticut Public Utilities Regulatory Authority

PURA reverses earlier decision on combined-heat-and-power (CHP) facilities

The Public Utilities Regulatory Authority (PURA) has issued a final decision reversing its earlier ruling regarding eligibility for combined-heat-and-power (CHP) facilities for certain distributed generation incentives. In response to a request for a declaratory ruling by Yale University, PURA had earlier ruled that repowered CHP facilities would not be eligible to receive distributed generation incentives as the facilities did not constitute “new” facilities eligible for the incentives under the statute. At the request of Yale University, additional CHP generators, and the Department of Energy and Environmental Protection, PURA reversed its earlier ruling, finding the repowered CHP facilities would serve an important role in Connecticut’s distributed energy portfolio. The PURA’s final decision is available at the following link.

 

Regional and Industry Developments

Updated ISO New England Forward Capacity Market (FCM) Participation Guide Available

ISO New England has released an updated version of its Forward Capacity Market (FCM) Participation Guide with information on how to complete processes associated with the FCM. The guide provides an overview of the capacity market, the qualification process, auction mechanics, post-auction processes for new resources, reconfiguration auctions and capacity supply obligation (CSO) bilateral periods, and options for temporarily or permanently removing capacity from the market.

Please visit the ISO Newswire for more information.

 

CONNECTICUT LEGISLATION:

Information about the Energy and Technology Committee, including committee meetings and public hearings, is available at: https://www.cga.ct.gov/et/

 

MASSACHUSETTS LEGISLATION:

Information about the Joint Committee on Telecommunications, Utilities and Energy, including hearings and bills in committee, is available at: https://malegislature.gov/Committees/Joint/J37

The following recent events may be of interest to you:

  • On June 30, 2016, the Massachusetts Senate passed 2372 (An Act to promote energy diversity).  On July 7, 2016, the House did not concur with the Senate amendments (H.4385:  An Act to promote energy diversity) and a committee of conference was appointed.  On July 8, 2016, the Senate insisted on its amendments and named members to the committee of conference.