Energy Market
Among other news reported at the NYISO Business Issues Committee, year-to-date monthly energy prices averaged $34.89/MWh in October, a 4% increase.
FERC refused to reconsider how Entergy should calculate ratepayer refunds resulting from Entergy Arkansas’ off-system sales.
MISO will seek a series of waivers in order to implement wintertime energy offer caps after FERC rejected the grid operator’s proposed cap design.
PJM released a proposal for revising price formation rules in its energy markets, which staff estimate could increase market costs by as much as $1.4 B.
MISO and its members have selected eight market-improvement projects from its annual Market Roadmap to focus on in 2018.
PJM’s markets were competitive in the first nine months of the year, the Independent Market Monitor found in its quarterly State of the Market Report.
FERC found that MISO did not adequately comply with its directives in Order 831, which stipulated changes to the RTO's hard and soft offer cap processes.
FERC approved SPP’s operating reserves proposal but said the RTO should respond to criticism about scarcity pricing avoidance.
FERC agreed to sharply reduce the penalty Barclays Bank must pay to settle claims that it manipulated Western electricity markets a decade ago.
SPP’s Board of Directors approved a cleanup of Tariff language that just may have put the RTO’s troublesome Z2 process in the rearview mirror.
Want more? Advanced Search