Markets

MISO
1st MISO Seasonal Auctions Yield Adequate Supply, Low Prices
The results of MISO’s inaugural seasonal capacity auctions, released late Wednesday, showed sufficient supply for the 2023/24 planning year.
Edison International
CAISO’s Revised DERA Plan Complies with Order 2222, FERC Finds
FERC approved CAISO’s second attempt at complying with the mandate requiring RTOs to foster participation of DER aggregations in organized markets.
© RTO Insider LLC
PJM Members Committee Approves Performance Penalty Reduction
The PJM Members Committee approved a proposal that would sharply reduce the penalties generators pay for underperforming during emergency conditions.
© RTO Insider LLC
FERC’s Christie Calls for Reassessment of Single Clearing Price
RTOs should reconsider the practice of relying on single clearing price mechanisms in their markets, FERC Commissioner Mark Christie argued in an article.
Fletcher, CC BY-SA 4.0, via Wikimedia Commons
ISO-NE Plans 2025 Launch for Day-Ahead Ancillary Services Initiative
ISO-NE is targeting 2025 for the launch of its Day-Ahead Ancillary Services Initiative, to ensure reliable next‐day operating plans with increasing renewables.
© RTO Insider LLC
PJM Hears from White House Official on Security
A White House official urged participants in PJM’s General Session to engage in closer collaboration at all levels as cyber and physical security threats morph.
© RTO Insider LLC
PJM CEO, Panelists Address Reliability During Annual Meeting
PJM's CEO said challenges lie ahead for stakeholders as they wrestle with a possible overhaul to the capacity market to address resource adequacy concerns.
© RTO Insider LLC
PJM MRC Endorses Proposal to Reduce Performance Penalties
The MRC endorsed a proposal to reduce penalties for generators that don’t meet their capacity obligations during performance assessment intervals.
NYISO
NYISO 20-Year Forecast Highlights Generation, Tx Hurdles to Climate Goals
NYISO will have to add zero-emission generation and transmission at an unprecedented pace to meet New York's climate goals, according to a new study.