Natural Gas
PJM and the Monitor are considering the changes to reduce uplift and gaming opportunities and allow quicker solving of the day-ahead energy market.
The ISO-NE Market Monitor said the increase was largely driven by higher fuel costs in the first quarter.
About 50 people attended a FERC scoping meeting on the Atlantic Bridge Project, which would expand the Algonquin pipeline.
FERC's April 16 decision not to change the start of the gas day is forcing SPP to make an uncomfortable choice between risks, stakeholders said last week.
PJM is considering changing its day-ahead market schedule in response to FERC's April 16 ruling revising the interstate gas nomination timeline.
The Obama administration’s first Quadrennial Energy Review calls for returning the U.S. to a post-World War II level of investment in infrastructure, spending it says could create 1.5 million jobs while transforming the nation’s electric grid and oil and gas pipelines.
FERC on Thursday approved a rule to improve coordination of the natural gas and electric markets, adopting two gas scheduling changes but declining to move the start of the gas day to 4 a.m. CT from 9 a.m.
A new report by Morningstar predicts on-peak prices at PJM’s West Hub will result in “historically high” spark spreads in delivery year 2015-16.
Opponents of the Constitution Pipeline made good on a promise Friday to go to court to force a rehearing of FERC’s approval of the project.
PJM members were asked last week to consider allowing generators to revise their offers hourly in the energy market to reflect changes in gas prices.
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