State of the Market report
MISO said it “largely agrees” with the five new market recommendations issued by its Independent Market Monitor this year.
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’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 is evaluating new recommendations from its Market Monitor that include transmission reconfiguration plans, reducing out-of-market commitments and more.
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 responded to its Market Monitor’s latest recommendations, noting that many of the issues are in the scope of current stakeholder discussions.
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 is recommending that NYISO take a comprehensive approach to lowering the costs of satisfying the grid’s needs and improving incentives.
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.
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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