July 13, 2024

Independent Market Monitor (IMM)

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PJM MIC Briefs: June 5, 2024
PJM’s Market Implementation Committee endorsed by acclamation a proposal to add two energy market parameters for economic demand response.
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Monitor Alleges EE Resources Ineligible to Participate in PJM Capacity Market
PJM's Independent Market Monitor filed a complaint asking FERC to reject all energy efficiency offers into the RTO's capacity market, alleging none of them meet the Base Residual Auction participation requirements.
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MISO IMM Knocks LRTP Benefit Calculations; RTO Poised to Add More Projects
MISO’s Independent Market Monitor continues to cast doubt on the theoretical benefits estimates of the second long-range transmission projects as the RTO intends to add more projects to the already $17 billion to $23 billion portfolio.
Following Court Ruling, FERC Reluctantly Reverses PJM Post-BRA Change
FERC partially reversed a 2023 order allowing PJM to modify a parameter for the 2024/25 Base Residual Auction to avoid a substantial increase in capacity prices in the DPL South transmission zone.
PJM Monitor and Consumers Protest Indian River Compensation Settlement
The Maryland Office of Peoples Counsel and PJM's IMM urge FERC to reject a compensation plan for NRG keeping a portion of its Indian River coal plant open under a reliability contract.
ERCOT Board of Directors Briefs: April 22-23, 2024
ERCOT's Board of Directors has remanded a contentious rule change on IRB ride-through requirements back to the Technical Advisory Committee to reduce the "daylight" between opposition positions.
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PJM, Monitor Seek to Revise Reserve Requirements and Dispatching
The Reserve Certainty Senior Task Force is considering proposals from PJM and the Independent Market Monitor aimed at improving the performance of reserve resources by increasing electronic signaling and providing more flexibility around reserve procurement targets.
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PJM Stakeholders Considering Changes to Generation Deactivation Compensation and Timelines
PJM and the Independent Market Monitor presented the Deactivation Enhancement Senior Task Force with two proposals to increase the notification generators seeking deactivation must provide PJM and standardize compensation for those that enter into agreements to continue operating beyond their desired retirement date.
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PJM MRC/MC Briefs: March 20, 2024
The PJM MRC rejected four proposals to rework how the RTO measures and verifies the capacity EE providers can offer into the market.
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IMM Tells MISO to Do More to Curb Fake DR Schemes
MISO’s Independent Market Monitor told the board the RTO must crack down on confirmations to prevent more phony demand response from infiltrating its markets.

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