Markets
FERC approved an uncontested settlement to raise ISO-NE’s peak energy rent adjustment, resolving the issues the commission set for hearing.
The Texas PUC postponed until March a decision on whether to remove reliability unit commitments from ERCOT’s operating reserve demand curve.
ISO-NE defended its proposed two-stage capacity auction, responding to criticism by its External Market Monitor and others.
The CAISO Board of Governors enacted new governance policies and named Governor David Olsen as chairman.
FERC approved a package of modifications developed by CAISO for the EIM, and issued several other decisions related to Western states and energy markets.
ISO-NE could see substantial “spillage” of renewable energy and large price separations under scenarios considered in the RTO’s 2017 Economic Study.
NYISO power prices surged to an average of $99.55/MWh in January, up 89% from December and 148% from the same month a year ago.
New generators seeking interconnections must be equipped to provide primary frequency response, FERC ruled.
PJM will ask FERC to choose between capacity market proposals by its staff and its Market Monitor (MOPR-Ex) to insulate its market from state subsidized generation.
ISO-NE’s 2018 Regional Electricity Outlook reiterates concerns about fuel security that were detailed in a separate report published by the RTO last month.
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