Energy Market
PJM rolled out a proposal to procure reserves on a more granular level, a move the RTO hopes will shift more generator revenues back into the energy market.
ERCOT set new all-time systemwide peak demand records July 18, reaching 72.2 GW between 4 and 5 p.m.
Peak Reliability said that it will wind down its role as a Reliability Coordinator and end its joint venture with PJM to form a western electricity market.
Fernandez told the PJM MIC that his staff are still completing calculations for retroactively reallocating costs for certain transmission projects.
The SPP Market Monitoring Unit (MMU) reported that energy prices averaged about $23/MWh in the spring, despite higher loads.
CAISO EIM officials approved a proposal to prevent market participants outside Ca. from skirting the state’s greenhouse gas (GHG) compliance obligations.
The NYISO Business Issues Committee voted in favor of changing how the ISO reports on historic transmission congestion.
MISO will not implement improved combined cycle modeling until it has a new market platform in place.
CAISO prices surged in Q1 on falling hydroelectric output and increased costs for natural gas, the ISO’s Department of Market Monitoring told stakeholders.
NYISO presented stakeholders details on how a carbon charge would affect locational-based marginal prices and imports and exports.
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