Energy Market
In the afternoon of day one of FERC's major technical conference focused on PJM, with CEO Andy Ott, IMM Joe Bowring and state regulators testifying.
Speakers told FERC this week that RTO capacity markets are in serious danger from state renewable procurements and subsidies for nuclear plants.
The SPP Board of Directors and members approved the nomination of three new representatives to the Members Committee and bylaw changes.
Executives from PJM, NYISO and ISO-NE will gather with stakeholders at FERC to seek ways to incorporate policies on greenhouse gases into wholesale markets.
NYISO achieved a wind energy record of 1,574 MW at around noon on March 2, representing 9% of the state’s power generation.
One item shared at the MISO Informational forum was an increase in systemwide energy prices owed mostly to an increase in natural gas prices.
The MISO Advisory Committee is attempting to resuscitate a discussion about how to handle generators that fail to follow dispatch instructions.
MISO will schedule a “common issues” meeting in response to a request from a group of stakeholders to better define energy storage.
Stakeholders questioned PJM's method for clearing units in its day-ahead auction at a special session of the Markets Implementation Committee.
CAISO is curtailing an increasing volume of renewable generation this spring as the ISO sees its “duck curve” already dipping to levels forecast in 2021.
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