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May 8, 2024

State of the Market report

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.
MISO
MISO Monitor Prescribes 5 New Fixes in Annual Market Report
MISO is evaluating new recommendations from its Market Monitor that include transmission reconfiguration plans, reducing out-of-market commitments and more.
Potomac Economics
MISO Warming to Patton’s Sloped Demand Curve
MISO's board may be coming around to the idea of using a sloped demand curve to price capacity as the RTO confronts the possibility of resource shortages.
PJM
PJM Responds to Market Monitor Recommendations
PJM responded to its Market Monitor’s latest recommendations, noting that many of the issues are in the scope of current stakeholder discussions.
Potomac Economics
IMM: ERCOT Conservative Operations ‘Not Compatible’ with Energy-Only Market
In its State of the Market report, ERCOT's Market Monitor said the grid operator's conservative operations approach undermines the energy-only market’s design.
Potomac Economics
NYISO Monitor Proposes Capacity Pricing Overhaul
Potomac Economics is recommending that NYISO take a comprehensive approach to lowering the costs of satisfying the grid’s needs and improving incentives.
PJM
PJM Monitor: LMP Rose to Near Record in Q1
Energy prices in PJM increased by 75.5% in the first quarter of 2022 from a year ago, the Market Monitor reported, driven primarily by higher fuel costs.
© RTO Insider LLC
SPP Board of Directors/Markets Committee Briefs: April 26, 2022
SPP’s Board of Directors approved the RTO’s fourth competitive transmission project, awarding a $55 million, 345-kV facility to NextEra Energy Transmission.

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