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By Amanda Durish Cook NEW ORLEANS — Deregulated markets in MISO would get a three-year forward capacity auction beginning in 2018, under a proposal unveiled by the RTO last week. Dynegy's Baldwin Energy Complex in MISO The RTO announced the proposal after reviewing stakeholder recommendations for addressing the capacity needs...

By William Opalka BOSTON — ISO-NE market rules favoring natural gas are on a collision course with state and federal environmental mandates, speakers at the EUCI US/Canada Cross-Border Power Summit said Tuesday. Left to itself, renewable energy advocates said, the market would dictate a shift to natural gas, and only...

By Rich Heidorn Jr. FERC Office of Enforcement staff said last week that the presence of flaws in the CAISO market is irrelevant to their market manipulation case against ETRACOM and principal trader Michael Rosenberg. FERC accused the company of submitting uneconomic virtual supply transactions at the New Melones intertie...

By Michael Brooks WASHINGTON — On-peak day-ahead electricity prices in the U.S. were down 27 to 35% in 2015 compared to 2014 largely because of cheap natural gas, FERC staff said in its State of the Markets presentation Thursday. LMPs in New York hit a 15-year low. Gas prices fell...

INDIANAPOLIS — The Clean Power Plan, Order 1000, FERC enforcement and distributed generation were favorite topics at last week’s annual meeting of the Energy Bar Association’s Midwest chapter. Here’s a sampling of what we heard. Honorable © RTO Insider “Let’s not talk about how the stay will halt work” on...

By Michael Brooks WASHINGTON — PJM needs to return to “the fundamentals” with market design not “influenced by political whims,” Independent Market Monitor Joe Bowring said last week. Policymakers should not fear market prices going too high or low, Bowring said in a press conference announcing the Monitor’s annual State...

By Robert Mullin NV Energy had a smooth integration into the Western Energy Imbalance Market, CAISO said Monday in its fourth-quarter market report. Department of Market Monitoring (DMM) manager Keith Collins noted that after NV Energy joined the EIM on Dec. 1, Nevada imbalance prices quickly converged with those in...

By Suzanne Herel FERC ordered PJM last week to change its method of calculating capacity market offer caps, saying it was inconsistent with its practice in the energy market. “We find that PJM’s Tariff is unjust and unreasonable because it allows the cost-based energy offer cap to be used as...

By Amanda Durish Cook MISO could have a limited set of market rules for energy storage as early as 2017, RTO officials told the Market Subcommittee last week. AES’ 20-MW energy storage array in Indianapolis, expected to go into operation in June, will be the first utility-level battery energy storage...

By Amanda Durish Cook MISO stakeholders continued their debate over the RTO’s capacity market rules Monday with independent power producers saying the RTO should borrow elements from PJM and consumer advocates warning that the proposals were premature and could increase prices. The discussion, which focused largely on Illinois’ Zone 4,...