Markets
PJM survived last week’s arctic blast with slightly elevated outages and two periods of shortage pricing, officials said.
NYISO stakeholders learned that pricing carbon into the wholesale energy market would have little effect on corporate credit rules.
SPP continued its effort to modernize its cost-recovery processes last week, agreeing to replace its broad single rate schedule with four targeted ones.
Top utility executives urged PJM’s Board of Managers to act on price formation at its Feb. 12 meeting after stakeholders deadlocked on the issue last week.
FERC clarified a capacity supplier’s retirement bid can enter ISO-NE’s Forward Capacity Auction if the supplier demonstrates the bid is just and reasonable.
The MRC endorsed a change to align PJM’s Tariff with manual language on the process for requesting incremental capacity transfer rights calculations.
NYISO told stakeholders how pricing carbon would impact the ISO’s Tariff, and how it will handle residual allocations stemming from carbon charges.
The Western Energy Imbalance Market (EIM) Governing Body heard proposals regarding its existing real-time market and an expanded day-ahead market.
PJM members were unable to reach consensus on any of five proposals to improve price formation for energy and reserves Thursday.
NYISO released a Strategic Plan outlining how it will incorporate market and regulatory trends into its planning processes for 2019 to 2023.
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