December 11, 2023

locational marginal pricing (LMP)

MISO Wraps Incident-free June
MISO presided over routine operations in June, with an average 81-GW load and diminished wholesale prices.
Monitoring Analytics
PJM Monitor: Rise in Fuel Costs Led to Record-high Prices in 2022
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.
When is A MWh Not A MWh?
Tony Clark and Vince Duane question whether the single marginal price construct still works with the increase in low-cost intermittent resources.
Potomac Economics
NYISO Monitor Proposes Capacity Pricing Overhaul
Potomac Economics is recommending that NYISO take a comprehensive approach to lowering the costs of satisfying the grid’s needs and improving incentives.
PJM Monitor: LMP Rose to Near Record in Q1
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.
ABB Power Grids Velocity Suite
Higher Prices, Longer Queues Highlight FERC Market Report
Rising natural gas prices and extreme weather pushed wholesale electricity prices higher in 2021, FERC said in its annual State of the Markets report.
FERC Reverses Itself on PJM Reserve Market Changes
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.
Central Main Power
NEPOOL Participants Committee Briefs: Dec. 2, 2021
ISO-NE stakeholders approved tariff changes that incorporate a new transmission planning process focused beyond the RTO’s current 10-year planning horizon.
PJM MRC Briefs: Sept. 29, 2021
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.
NEPOOL Markets Committee Briefs: Sept. 13-14, 2021
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.

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