Markets

MISO Reevaluating Value of Loss Load as Monitor Pushes $10,000/MWh
MISO said it will soon present proposals for reformulating its VoLL while its IMM once again urged the RTO to nearly triple the current value.
PJM MRC/MC Preview: Jan. 27, 2021
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability and Members committees on Jan. 27, 2021.
ISO-NE
ISO-NE Provides Initial Feedback on ‘Future Grid’ Study
ISO-NE said stakeholders’ proposed schedule for the Phase 1 reliability and market analyses in the Future Grid Initiative is "aggressive but achievable."
MISO Reports Unremarkable December Ops
Peak demand was lower in December than in years past, MISO executives said during an informational forum.
FERC Seeks Details on RTO Hybrid Resource Treatment
FERC stopped short of ordering RTOs/ISOs to modify market rules to foster hybrid resources, instead directing them to submit reports on existing efforts.
FERC Partially Accepts PJM MOPR Offer Floor Filing
FERC mostly accepted PJM’s tariff revisions accounting for when the default offer price floor exceeds the market seller offer cap under the expanded MOPR.
NEPOOL MC Supports Changes to End Price Locks
NEPOOL’s Markets Committee recommend the Participants Committee support tariff changes that would prevent resources from locking in prices for seven years.
PJM MIC Briefs: Jan. 12, 2021
Stakeholders at PJM's MIC meeting challenged the use of the “quick fix process” and endorsed a proposed package addressing PRD credits.
Texas PUC Overturns ALJ on Price Corrections
Texas regulators denied complaints by ERCOT market participants and rejected an administrative law judge’s decision on the ISO’s price-correction practices.
Baker Vetoes Mass. Climate Bill
Gov. Charlie Baker vetoed a wide-ranging climate bill, saying he needed more time to scrutinize the details of the legislation and recommend changes.

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