Markets
NYISO’s Business Issues Committee recommended the Management Committee approve Tariff revisions on a new market design for distributed energy resources.
FERC ordered PJM and NYISO to revise their tariffs to allow fast-start resources to set clearing prices, saying current rules are not just and reasonable.
ISO-NE will not alter its energy efficiency performance standards outside the stakeholder process, FERC reassured stakeholders Tuesday.
A new NYISO study will examine the energy market and reliability implications of a grid being transformed faster by public policy than by market forces.
FERC handed PJM a mixed ruling onrevisions intended to equalize the cost recovery treatment of gas-fired plants with that of other thermal generators.
ERCOT staff warned that forward energy markets indicate high prices this summer, which could lead to unexpected increases in credit obligations.
The U.S. Supreme Court declined to hear challenges to Illinois’ and New York’s nuclear subsidies, leaving standing appellate court rulings.
MISO now cautiously estimates that the benefits of a seasonal capacity auction would outweigh potential drawbacks.
MISO’s annual report on future trends includes suggestions for market changes that could ease the transition to a still hard-to-pin-down future fleet.
MISO’s 7th annual capacity auction cleared at $2.99/MW-day in all but 1 zone, a significant decline compared with last year’s nearly uniform $10 price.
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