October 12, 2024

Energy Market

MISO Informational Forum Briefs
MISO officials and stakeholders discussed December's record output for wind power, IT improvements and transmission cost allocation.
FERC Denies Multiple Energy Crisis Rehearing Requests
The FERC decision dealt with companies implicated in manipulating prices during the initial "Summer Period" of the Western Energy Crisis.
FERC OKs SW Import Studies, Offers Future MBR Filers Guidance
FERC accepted transmission calculations submitted by Southwestern transmission-owning utilities in support of their requests for market-based rates.
FERC Reopens Western Energy Crisis Refund Proceeding
FERC ruled that Shell and Hafslund can not use the costs associated with illegal trading activity during the Western Energy Crisis to offset their refund.
FERC Seeks More Transparency, Cost Causation on Uplift
FERC proposed regulations intended to reduce uplift costs, allocate it more accurately and increase transparency.
CRR Initiative Elicits Mixed Reviews from CAISO Participants
The CAISO decision to possibly prioritize reforms to its congestion revenue rights auctions in 2017 has provoked mixed reactions from stakeholders.
MISO Market Subcommittee Briefs
MISO may retire its Credit Settlements Working Group because of a lack of substantive work and stakeholder volunteers willing to chair the group.
PJM Market Implementation Committee Briefs
The PJM Market Implementation Committee endorsed two proposed Manual 11 revisions related to shortage pricing, both of which were developed in response to FERC Order 825.
FERC Clarifies Western Energy Crisis ‘Pricing Umbrella’ Theory
FERC said evidence of price reporting deficiencies by power sellers during the Western Energy Crisis cannot constitute the sole basis for a finding of market manipulation.
Mountain West to Explore Joining SPP
Mountain West Transmission Group has said it will enter discussions with SPP to explore the possibility of joining the RTO.

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