June 16, 2024

locational marginal pricing (LMP)

Prices, Load Down in MISO March Operations
MISO energy prices plunged on record low natural gas prices in March while the RTO managed a comparatively lower, 68-GW average systemwide load.
Feb. Market Ops Prove no Trouble for MISO
February held no operational surprises, MISO reported in a monthly market review.
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.

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