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.

Tony Clark and Vince Duane question whether the single marginal price construct still works with the increase in low-cost intermittent resources.

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.

Rising natural gas prices and extreme weather pushed wholesale electricity prices higher in 2021, FERC said in its annual State of the Markets report.

PJM's upcoming 2023/24 BRA is set to be delayed again after FERC partially reversed its 2020 decision on the RTO’s energy price formation revisions.

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.

ISO-NE presented its proposed 2022 operating and capital budgets to the NEPOOL Participants Committee.