Markets
The 3rd U.S. Circuit Court of Appeals upheld FERC's 2021 approval of PJM's tightened minimum offer price rule, which removed a requirement that resources receiving state subsidies be mitigated to their cost-based offer.
Critics of the Southeast Energy Exchange Market say after a year of operations, it has failed to meet many of the promises of its sponsors.
The Bonneville Power Administration is pulling back from its ambitious schedule for choosing which Western day-ahead market it will join, officials with the federal power marketing administration said during a workshop.
The West-Wide Governance Pathways Initiative is seeking $800,000 in federal grants to support its administrative and outreach needs as it works to lay the foundation for an independent Western RTO.
FERC wants more description behind MISO’s plan to adopt sloped demand curves for its capacity auctions before it decides the matter.
Panelists warned that misalignment of technology, regulation and market forces could result in missed opportunities for Maryland to hit its nation-leading climate goals.
The PJM Markets and Reliability Committee endorsed new generation winterization requirements, followed by the Members Committee approving three changes to the stakeholder process.
The committee tasked with laying the groundwork for an independent Western RTO is confronting a complex set of challenges on an ambitious timeline.
FERC deferred making a decision on PJM’s proposal in response to a 2021 order directing the RTO to show cause as to why its rules regarding parameter-limited offers are just and reasonable.
FERC's latest enforcement report detailed one closed investigation into manipulation during Winter Storm Uri, but other nonpublic probes continue.
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