Energy Market
Natural gas price spreads between Western and Eastern New York in 2016 led to NYC generation being “more economic than in recent years,” NYISO's MMU said.
A CAISO official told stakeholders that reforms to the congestion revenue rights auctions will come only after painstaking analysis.
A CAISO operations shift manager recounted how and why the ISO declared its first Stage 1 emergency in 10 years on May 3.
More than 250 participants attended the NECA and Connecticut Power and Energy Society’s 24th New England Energy Conference.
MISO last month called on load-modifying resources for the first time in 10 years after it declared an unusual mid-spring maximum generation emergency.
While PJM and its Independent Market Monitor agree that its markets “work” and are competitive, they disagree on what might make them better.
MISO is testing the waters for creating a multiday energy market that would keep generators with long start-up times switched on for more than one day.
CAISO’s wholesale costs to serve load last year fell by 9%, the lowest nominal expense since 2008, according to an annual market performance report.
NYISO told FERC it is considering a carbon adder as a means to link the state’s zero-emission credits (ZECs) to its wholesale electric market.
EIM transfers out of CAISO were on the upswing in March, re-establishing a pattern first seen last spring with California’s growing solar surpluses.
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