October 12, 2024

Energy Market

State Climate Policies and Markets: Irreconcilable Differences?
Executives from PJM, NYISO and ISO-NE will gather with stakeholders at FERC to seek ways to incorporate policies on greenhouse gases into wholesale markets.
NYISO Management Committee Briefs
NYISO achieved a wind energy record of 1,574 MW at around noon on March 2, representing 9% of the state’s power generation.
MISO Informational Forum Briefs
One item shared at the MISO Informational forum was an increase in systemwide energy prices owed mostly to an increase in natural gas prices.
MISO Advisory Committee Briefs
The MISO Advisory Committee is attempting to resuscitate a discussion about how to handle generators that fail to follow dispatch instructions.
MISO’s Next Step on Storage: ‘Common Issues’; Task Team?
MISO will schedule a “common issues” meeting in response to a request from a group of stakeholders to better define energy storage.
PJM Asked to Explain Day-Ahead Commitment Assumptions
Stakeholders questioned PJM's method for clearing units in its day-ahead auction at a special session of the Markets Implementation Committee.
Spring Oversupply Lifts CAISO Curtailments
CAISO is curtailing an increasing volume of renewable generation this spring as the ISO sees its “duck curve” already dipping to levels forecast in 2021.
LA Creating Aggregator to Compete with SoCalEd
Customers in LA County will have the option to purchase power from a new publicly run supplier that will obtain more of its energy from renewable resources.
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Another Wrinkle Delays Spot-in Changes for PJM
A vote on schedule changes to accommodate spot-in sales between PJM and NYISO was delayed at the Market Implementation Committee meeting.
PJM Market Implementation Committee Briefs
FERC did not act on PJM’s proposed changes to its shortage pricing, so revisions for how to handle transient shortages will go into effect May 11.

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