locational marginal pricing (LMP)
PJM told stakeholders at the Operating Committee meeting that late-day storms in the RTO in July resulted in overestimated load forecasting last month.
One item shared at the MISO Informational forum was an increase in systemwide energy prices owed mostly to an increase in natural gas prices.
A new analysis by ISO-NE shows that increasing carbon allowance prices would boost the region’s LMPs by more than 30% under all six scenarios studied.
A spike in natural gas prices pushed LMPs up in both NYISO and ISO-NE in March, though analysts say the rise may be short-lived.
Joe Bowring said in a briefing on the State of the Market Report that that the PJM market is healthy, despite what some believe are low energy prices.
The CAISO real-time market experienced an uptick in volatility during Q4 of 2016, as five-minute prices spiked to well above day-ahead and 15-minute levels.
CAISO is preparing for spring oversupply, when unusually high levels of hydro output are expected to compound the impact of growing solar penetration.
Mild temperatures and inexpensive natural gas resulted in a slight load decrease and lower energy prices in MISO in January.
SPP set a new record for wind power generation Friday when the footprint cracked the 12,000-MW threshold for the first time while coal generation declined.
With winter looming, FERC last week adopted a rule that would double the “hard” RTO offer caps for day-ahead and real-time markets to $2,000/MWh.
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