Evolving Issues Concerning Electric Capacity Markets

Please join Morgan Lewis for a one-hour webinar to discuss several evolving issues concerning electric capacity markets.

Electric capacity markets are a feature of many Regional Transmission Organizations (RTOs), but the Federal Energy Regulatory Commission (FERC) and industry participants have acknowledged that they can be improved. Among other things, industry participants have identified issues concerning import limits, the function of demand response, and how capacity markets can accommodate the growing role of variable resources. In fall 2013, FERC convened a technical conference to consider how current capacity market rules and structures in three regions support the procurement and retention of resources necessary to meet future reliability and operational needs. More than 100 comments have been filed with FERC following the technical conference, addressing a variety of issues.

Topics will include:

• The current role of centralized capacity markets in the various RTOs
• Reconciling current centralized capacity market designs with load-serving entities’ compliance with state resource procurement policies
• Issues surrounding the differences among centralized capacity market designs in PJM, the NYISO, and ISO-NE
• FERC’s role and next steps in connection with modifying or enhancing current centralized capacity markets

Presenters:
Floyd L. Norton, IV
Levi McAllister

When:
Thursday, March 6, 2014
1–2 pm

CLE Credit:
CLE credit in CA, FL, IL, NJ, NY, PA, TX, and VA is currently pending approval.