Energy Market
The MRC voted on four packages of revisions as part of PJM’s quadrennial review of the VRR curve, but none of the proposals received majority support.
The PJM initiative to revise how its energy market is constructed continued down the rabbit hole with a discussion about the timing of procuring reserves.
The 2nd U.S. Circuit Court of Appeals upheld New York’s zero-emission credits for nuclear generation, rejecting claims they intrude on FERC jurisdiction.
FERC rejected a request by the New England States Committee on Electricity to broaden the commission’s ruling raising ISO-NE’s peak energy rent adjustment.
A systemwide emergency, market innovations and the relatively calm summer topped the discussions at MISO’s Board of Directors meetings.
The PJM Independent Market Monitor has declined to budge from its position that the RTO allow market participants to use its opportunity cost calculator.
FERC granted Mexican wholesale marketer CFE International’s request to sell energy, capacity and ancillary services at market-based rates.
MISO said it might rely on a dormant analysis to create a pricing structure to compensate resources used to restore the system in a blackout.
PJM staff have incorporated stakeholder input into their recommendations resulting from the quadrennial review of the VRR demand curve.
Illinois’ nuclear generation subsidies do not interfere with FERC-regulated wholesale power markets, the 7th U.S. Circuit Court of Appeals ruled.
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