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May 9, 2024

locational marginal pricing (LMP)

PJM
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.
ISO-NE
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.
ISO-NE
NEPOOL Participants Committee Briefs: Sept. 2, 2021
ISO-NE presented its proposed 2022 operating and capital budgets to the NEPOOL Participants Committee.
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Monitor: PJM Energy Prices Rising but Still Competitive
Energy prices in PJM increased “significantly” in the first half of 2021 compared to 2020, but prices remained lower than historical levels, the IMM reported.
ISO-NE
ISO-NE to Study Additional Model for Capacity Market
ISO-NE previewed a model for its capacity market that it plans to study featuring both net carbon pricing and elements of a forward clean energy market.
© RTO Insider LLC
Is Decarbonization an ‘Existential’ Challenge for RTOs?
Ex-FERC commissioner Tony Clark and PJM former general counsel contend that increasing renewable generation has brought the RTO model to a breaking point.
PJM
PJM Reserve Price Formation Issue Charge Approved
PJM stakeholders narrowly approved an issue charge to examine the RTO’s operating reserve demand curve and transmission constraint penalty factors.
NYISO Monthly Energy Costs Up 98% Y-o-Y
NYISO locational-based marginal prices were down sharply in March compared to February’s average, though they were well above March 2020's average prices.
ISO-NE Planning Advisory Committee Meeting Briefs: March 17, 2021
ISO-NE's Planning Advisory Committee reviewed the 2021 CELT forecast, noting the progress the region has made in electrifying transportation and heating.
MISO Reevaluating Value of Loss Load as Monitor Pushes $10,000/MWh
MISO said it will soon present proposals for reformulating its VoLL while its IMM once again urged the RTO to nearly triple the current value.

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