Markets
PJM told stakeholders at the Operating Committee meeting that late-day storms in the RTO in July resulted in overestimated load forecasting last month.
PJM stakeholders pressed the RTO to find common ground regarding several changes to Manual 11 in preparation for implementing intraday offers.
MISO stakeholders laid out what they think are the top issues the RTO should tackle in the next year.
Rising natural gas prices will likely mean an end to ERCOT’s all-time low energy prices, according to the Independent Market Monitor.
Market participants remain skeptical of a MISO plan to integrate external resource zones into its annual capacity auction.
ISO-NE advanced the idea of excluding competitive new resources from functioning as demand in a proposed “substitution” capacity auction.
FERC staff have accepted CAISO’s implementation agreement for Powerex to join the EIM but cautioned that the arrangement could be subject to further scrutiny.
NYISO’s Business Issues Committee approved steps intended to improve the efficiency of the interconnection queue process while maintaining needed reliability evaluations.
MISO’s Advisory Committee sectors voted against a proposal to allow stakeholders to annually elect leaders of the RTO’s Steering Committee.
Proposals for reforming PJM's capacity markets were presented and explained at a two-day meeting of the Capacity Construct/Public Policy Senior Task Force.
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