Markets
In the afternoon of day one of FERC's major technical conference focused on PJM, with CEO Andy Ott, IMM Joe Bowring and state regulators testifying.
Speakers told FERC this week that RTO capacity markets are in serious danger from state renewable procurements and subsidies for nuclear plants.
The PJM Markets and Reliability committee and Members committee discussed frequency response and the Capacity Construct/Public Policy Senior Task Force.
The Energy Storage Association explains why it it challenged recent changes to the PJM frequency regulation market before FERC.
The PJM MRC was largely unconvinced when financial traders wanted to defer a vote on a set of rule changes on virtual transactions.
The SPP Board of Directors and members approved the nomination of three new representatives to the Members Committee and bylaw changes.
Executives from PJM, NYISO and ISO-NE will gather with stakeholders at FERC to seek ways to incorporate policies on greenhouse gases into wholesale markets.
NYISO achieved a wind energy record of 1,574 MW at around noon on March 2, representing 9% of the state’s power generation.
One item shared at the MISO Informational forum was an increase in systemwide energy prices owed mostly to an increase in natural gas prices.
The MISO Advisory Committee is attempting to resuscitate a discussion about how to handle generators that fail to follow dispatch instructions.
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