Texas regulators have settled on a two-phase blueprint to redesign the ERCOT market and have given stakeholders until Friday to comment on their proposals.

Texas regulators have reached consensus on lowering ERCOT's high systemwide offer cap to $5,000/MWh from $9,000/MWh, a 44% reduction.

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.

A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability and Members committee meetings on July 28, 2021.

The Texas Public Utility Commission’s rookie electric utility regulators last week stood in front of the proverbial fire hose, wielded by ERCOT staff, market participants and the grid’s Independent Market Monitor, as they try to get a grip on how best to respond to February’s disastrous winter storm. In what the PUC billed as the …

Continue reading "PUC Debates Answers to ERCOT’s Reliability Issues"

PJM stakeholders narrowly approved an issue charge to examine the RTO’s operating reserve demand curve and transmission constraint penalty factors.

FERC accepted NYISO revisions to its ORDC but rejected the supplemental reserves procurement process component.

PJM stakeholders unanimously endorsed an issue charge that seeks to improve the deployment of synchronized reserves during a spin event.

PJM is looking to improve the deployment of synchronized reserves during a spin event, but some stakeholders questioned the timing of the issue.

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.