Markets
NYISO floated a plan that would provide hybrid storage resources three options for participating in its energy and capacity markets.
FERC clarified voluntary renewable energy credits and participation in RGGI will not subject capacity resources to PJM’s expanded minimum offer price rule.
MISO’s capacity auction marked the RTO’s first clearing price set by its cost of new entry, as prices in the Lower Peninsula rocketed to almost $260/MW-day.
SPP’s Market Monitor said MISO and SPP must rethink some of their fees and practices before rolling out coordinated transaction scheduling across the seam.
While COVID-19 has dampened industrial output and electricity load in much of the nation, ERCOT continues to set the pace for increases in demand.
MISO is looking into a forward market mechanism and improvements to its scarcity and emergency pricing under its resource availability and need project.
MISO is offering stakeholders a compromise on one of two proposals it will file with FERC, removing a provision that would eliminate capacity credits for slow-response LMRs.
XO Energy has filed a new challenge to the way PJM and its Independent Market Monitor prevent gaming in the FTR market.
ERCOT stakeholders have began reviewing and commenting on the protocol changes the grid operator has drafted to add real-time co-optimization.
ISO-NE’s wholesale market costs last fall declined 38% year over year to $1.5 billion, with both energy and capacity market costs decreasing significantly.
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