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December 5, 2025

locational marginal pricing (LMP)

FERC: Cheap Gas Drove down Electricity Prices in 2015
On-peak day-ahead electricity prices in the U.S. were down 27 to 35% in 2015 due to cheap natural gas, FERC staff said in its State of the Markets report.
FERC Won’t Revisit Demand Response Pricing
FERC won’t be revisiting the demand response compensation rules under Order 745, commissioners said at the NARUC winter meetings.
MISO Monitor: Extended LMP Changes Minimal Thus Far
The MISO board’s Markets Committee met at Potomac Economics headquarters in Fairfax, Va., to review the Market Monitor’s quarterly metrics report and its monitoring procedures.
PJM Stakeholders Struggle for Consensus on Offer Cap
PJM stakeholders will continue to debate changing the $1,000/MWh energy offer cap at a special four-hour Markets and Reliability Committee meeting called for Sept. 9.
PJM Markets and Reliability Committee Briefs
A summary of measures approved by the PJM Markets and Reliability Committee on Aug. 27, 2015.
Markets Committee Briefs
A summary of issues the MISO Markets Committee of the Board of Directors discussed at the MISO Informational Forum last week.
PJM Prices Down 31% from Record-Breaking 2014
PJM energy market prices were down almost 40% in the first half of 2015 compared with 2014, while capacity and transmission service charges rose.
PJM Stakeholders Seek ‘Miracle’ to Break Offer Cap Standoff
PJM stakeholders last week launched another bid to change the $1,000/MWh energy offer cap.
NYPSC Outlines Reforming the Energy Vision Changes
New York regulators began to sketch out the details of their ambitious Reforming the Energy Vision (REV) initiative.
FERC, NERC: Reserve Margins OK for Summer
FERC said it expects sufficient resources to meet peak electric demand this summer despite coal-fired retirements, while NERC approved its summer reliability assessment.

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