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November 30, 2023

State of the Market report

© RTO Insider LLC
MISO Shelves IMM’s Transmission Planning Recommendation in State of the Market Report
MISO plans to handle four of the five recommendations from the Independent Market Monitor’s State of the Market report, putting on hold a recommendation regarding transmission planning.
© RTO Insider LLC
MISO Monitor Again Sounds Alarm on Long-range Tx Planning
MISO IMM David Patton appeared before the Market Subcommittee to again criticize the future resource mix assumptions MISO is using to craft a second long-range transmission plan.
NextEra Energy
MISO IMM Zeroes in on Tx Congestion in State of the Market Report
MISO’s IMM debuted five new recommendations as part of his annual State of the Market Report, as multiple suggestions were aimed at maximizing transmission utilization by clamping down on wind-related congestion.
ERCOT
ERCOT Monitor Recommends New Market Design in Report
ERCOT's Independent Market Monitor’s annual market report recommends resurrecting a multi-interval, real-time design, among other things.
Potomac Economics
NYISO MMU Calls for Improved Shortage Pricing, More Capacity Zones
NYISO needs to improve shortage pricing and create smaller capacity zones, the ISO’s market monitoring unit reports in its 2022 State of the Market report.
© RTO Insider LLC
SPP Board/Members Committee Briefs: April 25, 2023
SPP members and its board have embraced an advisory group’s report on a fast-approach future grid and directing work to address the group’s recommendations.
Monitoring Analytics
PJM Monitor: Rise in Fuel Costs Led to Record-high Prices in 2022
Average PJM LMPs doubled to a record-high $80/MWh last year, driven mostly by coal and natural gas prices, the RTO’s Independent Market Monitor reported.
MISO
MISO Simpatico with Monitor’s 2022 Market Recommendations
MISO said it “largely agrees” with the five new market recommendations issued by its Independent Market Monitor this year.
IMM Report Notes Rising Fuel, Congestion Costs in PJM
PJM's real-time LMPs and congestion costs both spiked in the first half of 2022, driven by increasing fuel prices and loads, the IMM reported.
SPP
SPP Monitor: Impacts of WEIS in Year 1 ‘Limited’
SPP’s Western Energy Imbalance Service market saw “very limited growth” in its first 13 months, SPP’s MMU said in its first annual report on the market.

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