Energy Market
The Texas PUC postponed action on improvements to ERCOT’s day-ahead market, citing potential delays to implementing real-time co-optimization.
FERC reduced paperwork for electricity sellers with market-based rate authority, while Commissioner Richard Glick dissented on connected entities.
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.
ERCOT staff and stakeholders are preparing to bring a first set of real-time co-optimization policy principles to the Technical Advisory Committee.
FERC ordered Vitol and a senior trader to show cause why they should not be fined for manipulating CAISO’s market to limit losses on the company’s CRRs,
Interim PJM CEO Susan J. Riley opened the Market Implementation Committee meeting with an optimistic message about moving the organization forward.
Consensus on fuel-cost policies may elude PJM stakeholders as the Market Implementation Committee prepares for a vote on three divergent plans.
NEPOOL voted to recommend requiring solar resources to provide meteorological and operational data to support power production forecasting.
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