Rising natural gas prices and extreme weather pushed wholesale electricity prices higher in 2021, FERC said in its annual State of the Markets report.

PJM energy prices last year surged to their highest levels since 2014, more than making up for declines from the pandemic-driven economic downturn in 2020.

SPP’s MMU is “strongly” recommending that TCRs' funding shortfall be considered a high-priority item, according to its latest quarterly market reports.

PJM’s energy prices continued to rise into the third quarter of 2021, the Independent Market Monitor reported, but they also remained competitive.

MISO last week said its Independent Market Monitor was reasonable with the four market changes he proposed in his 2020 State of the Market report.

SPP’s MMU released its quarterly reports for its RTO and WEIS markets, saying it is evaluating rule changes in the latter to address limited ramp offerings.

ISO-NE plans to discontinue feedback on three stakeholder proposals as part of discussions on eliminating the minimum offer price rule, the RTO told NEPOOL.

The NYISO Market Monitor reported energy markets performed competitively in the second quarter of 2021, with all-in prices ranging from $21 to $67/MWh.

Energy prices in PJM increased “significantly” in the first half of 2021 compared to 2020, but prices remained lower than historical levels, the IMM reported.

SPP’s Monitor has scheduled a webinar to discuss both its 2020 State of the Market report and its Spring 2021 quarterly market report.