December 11, 2023

Independent Market Monitor (IMM)

ERCOT Technical Advisory Committee Briefs: Dec. 4, 2023
ERCOT stakeholders have endorsed the grid operator’s proposed ancillary service methodology for 2024, but only after extracting a commitment from staff to bring the proposal back for further review.
Ameren Illinois
IMM Criticizes MISO’s Modeling Software Used for Long-range Tx Planning
MISO’s Independent Market Monitor is condemning the modeling software MISO uses to plan its second long-range transmission portfolio.
© RTO Insider LLC
FERC Continues Deliberations on PJM Real-time Values
FERC deferred making a decision on PJM’s proposal in response to a 2021 order directing the RTO to show cause as to why its rules regarding parameter-limited offers are just and reasonable.
© RTO Insider LLC
MISO Shelves IMM’s Transmission Planning Recommendation in State of the Market Report
MISO plans to handle four of the five recommendations from the Independent Market Monitor’s State of the Market report, putting on hold a recommendation regarding transmission planning.
© RTO Insider LLC
Bivens Resigns as ERCOT’s Market Monitor
The Texas Public Utility Commission and Potomac Economics' Carrie Bivens have both confirmed that she is resigning as ERCOT’s Independent Market Monitor.
© RTO Insider LLC
PJM Monitor Petitions FERC to Change Capacity Performance Penalty Calculation
PJM's Independent Market Monitor filed a FERC complaint alleging the RTO's Capacity Performance penalty structure undermines reliability and offered an alternative calculation based on capacity revenues.
Admin Monitor
Texas PUC OKs Smaller Budget, Admin Fee Increases for ERCOT
The Texas PUC rejected ERCOT’s proposed budget and administration fee increase, agreeing instead to more incremental growth in its revenues.
© RTO Insider LLC
ERCOT Monitor’s Name Change Raises Legislative Concerns
A potential name change for ERCOT's Independent Market Monitor has heightened some concerns that Texas regulators are attempting to restrict the IMM's independence.
Big River Steel
IMM Presses MISO for New Rules After DR Market Gaming
MISO’s Independent Market Monitor suggests demand response offer floors and attestations of expected levels of energy consumption in the wake of a steel mill’s gaming of the demand response market.
© RTO Insider LLC
MISO Defends Fleet Predictions over Monitor’s Skepticism
Doubts continue to swirl around which version of MISO’s future fleet mix is appropriate for long-range transmission planning — the Independent Market Monitor’s or the RTO’s itself.

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