Markets
Capacity auction prices increased sharply in most of PJM for delivery year 2021/22, with demand response and energy efficiency making gains while cleared nuclear power capacity dropped.
MISO’s Steering Committee submitted eight new possible market improvement ideas to the Market Subcommittee for stakeholder discussion.
CAISO is proposing to quadruple the number of hours in its time horizon for short-term commitment of generation units to better address load peaks that occur later in the day when solar output drops off the grid.
New Jersey Gov. Phil Murphy signed legislation to subsidize the state’s nuclear generating fleet and boost renewable generation including solar, storage and offshore wind.
NYISO power prices averaged $35/MWh in April, up from $29.91/MWh in March and $31.06/MWh the same month a year ago.
Triple-digit temperatures in parts of Texas last week sent energy demand into record territory and electricity prices soaring to nearly $1,500/MWh.
FERC will review how it enforces the 1978 Public Utility Regulatory Policies Act (PURPA), with the commission’s treatment of the 1-mile rule a likely focus.
MISO’s plan to create external resource zones in its annual capacity auction isn’t detailed enough on several fronts, FERC told the RTO.
The first and only chairman of PJM’s Board of Managers retires Wednesday. It’s a day for which he has had years to prepare, and yet he admits he may never be fully ready to let go.
NYISO is floating a proposal that would incorporate the social cost of carbon into the ISO’s wholesale market by debiting each energy supplier a uniform carbon emissions charge as part of its settlement.
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