Energy Market
The New York PSC expects winter electricity prices will be slightly lower than a year ago, based on a declining price trend and normal weather forecast.
TEP retained its right to sell power at market-based rates after FERC concluded it does not exercise market power within its balancing authority area.
An unprecedented spell of hot weather across PJM left stakeholders questioning whether the RTO’s operational decisions produced unusual price signals.
MISO is hoping to avoid the need for a 6th straight waiver of its $1,000/MWh offer cap this winter, filing a year ahead of a FERC deadline.
PJM’s grid coasted through an “uneventful” summer highlighted by a new record for weekend peak load and the lowest forced outrage rate in five years.
The New England Power Pool Participants Committee voted narrowly not to approve ISO-NE’s recommended installed capacity requirement values for FCA 14.
A NYISO study found that pricing carbon into the ISO’s wholesale markets will help New York achieve its clean energy goals.
FERC approved two CAISO proposals to address concerns that the EIM’s rules constrain hydroelectric operations and undercut the value of resources.
As South Carolina lawmakers field offers for state-run utility Santee Cooper, its largest customer quietly joined PJM last month.
FERC Commissioner Richard Glick gave a keynote speech at the Annual Gas and Power Institute in Houston, where he discussed the tension at the commission.
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