Independent Market Monitor (IMM)
MISO said it “largely agrees” with the five new market recommendations issued by its Independent Market Monitor this year.
The IMM offered limited support for major provisions in PJM’s quadrennial review filing before FERC while urging the agency seek revisions to some proposals.
PJM opened a poll to gauge support for dueling proposals to revise the rules for load behind-the-meter of a co-located generator.
The 2023/24 Base Residual Auction held by PJM in June yielded competitive results, the RTO’s IMM announced in a report released last month.
PJM Independent Market Monitor Joe Bowring criticized inquiries into the budget of his firm, Monitoring Analytics, and the scope of its contract with the RTO.
State regulators and consumer advocates urged FERC to order increased oversight over transmission owners' planning and spending.
MISO presided over reliable operations at higher prices this summer, with its IMM displeased over how many units the RTO calls up to maintain reliability.
PJM and its Monitor sparred at two different committee meetings as they tried to win stakeholder support for their proposals on black start resources.
CPower has agreed to a $2.5 million penalty after FERC's enforcement division found the company took capacity payments in violation of ISO-NE rules.
PJM's real-time LMPs and congestion costs both spiked in the first half of 2022, driven by increasing fuel prices and loads, the IMM reported.
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