Energy Market
Interim PJM CEO Susan J. Riley urged the Markets and Reliability Committee to move forward on “badly needed” credit policy reforms.
ERCOT stakeholders endorsed the first batch of key principles that will lay the foundation for implementation of real-time co-optimization in the market.
Wind generation accounted for more than a third of SPP’s energy production during April, according to the RTO’s Market Monitoring Unit.
ERCOT asked Texas regulators to dismiss a complaint by Aspire Commodities seeking to make generators repay the market an estimated $18 million.
FERC reduced paperwork for electricity sellers with market-based rate authority, while Commissioner Richard Glick dissented on connected entities.
SPP asked MOPC members to provide their input on a proposal to consolidate the 16 stakeholder groups that report to the committee.
The Texas PUC postponed action on improvements to ERCOT’s day-ahead market, citing potential delays to implementing real-time co-optimization.
FERC upheld penalties PJM imposed against CPV's Woodbridge Energy Center for violating its fuel cost policy in January 2018.
NYISO locational-based marginal prices averaged $24.43/MWh in June, up slightly from $23.10/MWh in May, but down about 25% from the same month a year ago.
New England regulators and stakeholders told FERC they fear ISO-NE’s fuel security proposal could increase costs without solving winter supply concerns.
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