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April 27, 2024

Independent Market Monitor (IMM)

ERCOT
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.
© RTO Insider LLC
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.
© RTO Insider LLC
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.
© RTO Insider LLC
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.
© RTO Insider LLC
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.
© RTO Insider LLC
PJM Monitor Finds Markets Overall Competitive
Average load-weighted electricity prices in PJM fell by around half in 2023, the Independent Market Monitor said in its annual State of the Market Report.
© RTO Insider LLC
Veteran Monitor McDonald to Lead ERCOT’s IMM
Jeff McDonald, a 22-year market monitoring veteran with ISO-NE and CAISO, has been hired as director of ERCOT’s Independent Market Monitor.
© RTO Insider LLC
FERC Rejects Complaints from IMM, W.Va. PSC Arguing for Access to PJM Liaison Committee
FERC has rejected two complaints from the West Virginia Public Service Commission and the Independent Market Monitor seeking access to PJM's Liaison Committee.
© RTO Insider LLC
FERC Rejects Changes to PJM Capacity Performance Penalties
FERC has rejected a PJM proposal to rework the role of performance penalties in its capacity market and how the associated risks can be reflected in seller offers.
© RTO Insider LLC
Abbott Names PUC Executive Director as Chair
Texas Gov. Greg Abbott has appointed Thomas Gleeson, the Public Utility Commission’s executive director and a 15-year staffer, to chair the PUC.

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