State of the Market report
The NYISO Market Monitoring Unit told the Installed Capacity Working Group that more data is necessary to verify the need for out-of-market actions on the part of transmission owners for reliability.
The New England wholesale electricity markets performed competitively in 2024, while decreased imports and higher emissions compliance rates increased overall market costs, the ISO-NE Internal Market Monitor told the NEPOOL Participants Committee.
Stakeholders requested the NYISO Market Monitoring Unit provide an explanation of the difficulties in obtaining data from the ISO and market participants on supplemental commitments after it presented its State of the Market report for the first quarter.
MISO’s Independent Market Monitor has released four new market improvement recommendations concerning transmission congestion, the Midwest-South transmission link, market-to-market coordination and price settlements after grid devastation.
ERCOT CEO Pablo Vegas has gone public with the grid operator’s internal terminology that is shaping the market’s path forward, defining it for his Board of Directors and stakeholders.
ISO-NE and stakeholders discussed market performance, capacity auction reforms, the RTO’s 2026 budget and asset condition spending at the summer meeting of the NEPOOL Participants Committee.
Amid increasing demand and dwindling supply, repowering aging fossil plants would help maintain reliability while still lowering emissions in line with New York’s climate change policy goals, NYISO argues in its annual “Power Trends” report.
The panel of SPP board members overseeing the development of Markets+ has approved the governance transition plan for the construction phase of the day-ahead market.
With winter storms, load sheds and tight operating conditions, 2025 has turned out to be “quite a challenging year” for SPP.
PJM’s markets provided reliable service in 2024, but tightening supply and demand are laying bare design flaws that have inhibited the competitiveness of the RTO’s markets, the Independent Market Monitor wrote in its 2024 State of the Market Report.
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