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June 17, 2024

market power mitigation

CAISO
CAISO Seeks to Address Market Power Mitigation Discrepancy
CAISO staff and stakeholders are looking to address an inconsistency in how the ISO tests for structural market competitiveness inside and outside of its balancing authority area in the Western Energy Imbalance Market.
SPP
FERC Rejects SPP WEIS Market Power Rule

FERC rejected SPP’s proposed market power test for the Western Energy Imbalance Service, saying it gave the Market Monitor too much discretion.

© RTO Insider LLC
FERC Continues Deliberations on PJM Real-time Values
FERC deferred making a decision on PJM’s proposal in response to a 2021 order directing the RTO to show cause as to why its rules regarding parameter-limited offers are just and reasonable.
FirstEnergy
Vistra Teases ‘Re-segmenting’ Businesses in 2024
Vistra says its acquisition of Energy Harbor and its nuclear plants will accelerate the company’s transformation and lead to a “re-segmentation” of its businesses when the deal closes.
Energy Harbor
FERC Delays Ruling on Vistra Purchase of Energy Harbor
FERC issued an order extending the time it has to review the proposed purchase of Energy Harbor by Vistra to next spring after several parties raised market concerns over the deal between two existing PJM generation owners.
PJM
PJM Updates Proposal as CIFP Nears End
PJM updated its Critical Issue Fast Path proposal, while several additional stakeholder presentations are scheduled for the remaining two meetings before they vote on packages.
© RTO Insider LLC
PJM Completes CIFP Presentation; Stakeholders Present Alternatives
PJM completed its delivery of a sprawling presentation outlining its envisioned overhaul of the capacity market, followed by stakeholder presentations from Calpine, Daymark Energy Advisors and the East Kentucky Power Cooperative.
Nuclear Regulatory Commission
Vistra’s Deal for Energy Harbor Runs into Opposition at FERC
Vistra Energy's deal to buy Energy Harbor ran into opposition at FERC, where parties argued it would harm Ohio's retail market and further concentrate PJM's wholesale market.
ISO-NE
FERC Orders ISO-NE to Reconsider Market Power Mitigation Rules
FERC ordered ISO-NE to reconsider its market mitigation rules because of an “unanticipated and highly atypical” situation that pushed prices higher Dec. 24.
ISO-NE
ISO-NE Stakeholders OK DER Aggregation Plans, Generator Relief
ISO-NE stakeholders approved a proposed filing on DERs but rejected the RTO’s concerns in backing Ocean State Power's bid to remain a capacity resource.

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