Energy Market
Shortage pricing played a crucial role in Texas wholesale market competitiveness last year, ERCOT’s IMM said in its annual market report.
Coal plant self-commitments saddled MISO customers with $350 million in unnecessary costs in 2018, according to analysis from the Union of Concerned Scientists.
AEE presented a paper recommending that ISO-NE and NEPOOL consider borrowing from NYISO’s effort to plan for a renewable-heavy future.
Potomac Economics’ 2019 State of the Market Report for NYISO adds five recommendations while concluding the ISO’s markets “performed competitively” in 2019.
MISO is calling on expertise from its local balancing authorities to help improve load forecasting, RTO engineers told stakeholders.
Stakeholders encouraged PJM to take a more active role in facilitating carbon pricing as more states look to join the Regional Greenhouse Gas Initiative.
Utility executives urged MISO to prepare for the imminent change sweeping the grid with the increased adoption of renewable and distributed resources.
FERC approved PJM’s proposed energy price formation revisions, agreeing with the RTO that its reserve market was not functioning as intended.
NYISO is seeing “historically low” load and prices, Senior Vice President of Market Structures Rana Mukerji told the Business Issues Committee.
ERCOT’s new long-term load forecast for COVID-19 scenarios indicates the Texas grid operator will continue to see a loss of demand into 2024.
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