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June 03, 2023
Home » Keywords » locational marginal pricing (LMP)
Items Tagged with 'locational marginal pricing (LMP)'
Average PJM LMPs doubled to a record-high $80/MWh last year, driven mostly by coal and natural gas prices, the RTO’s Independent Market Monitor reported.
Potomac Economics is recommending that NYISO take a comprehensive approach to lowering the costs of satisfying the grid’s needs and improving incentives.
Energy prices in PJM increased by 75.5% in the first quarter of 2022 from a year ago, the Market Monitor reported, driven primarily by higher fuel costs.
ISO-NE stakeholders approved tariff changes that incorporate a new transmission planning process focused beyond the RTO’s current 10-year planning horizon.
The PJM MRC and MC approved several initiatives at their meetings, including a new task force to examine the alignment of the gas and electric markets.
ISO-NE plans to discontinue feedback on three stakeholder proposals as part of discussions on eliminating the minimum offer price rule, the RTO told NEPOOL.