Energy Market
North Star, a $180 million, 100-MW solar farm outside of Minneapolis, joined the MISO wholesale electric market on December 16th.
Seattle City Light has signed an agreement with CAISO to begin participating in the Western Energy Imbalance Market in April 2019.
With winter looming, FERC last week adopted a rule that would double the “hard” RTO offer caps for day-ahead and real-time markets to $2,000/MWh.
Market manipulation cases dominated FERC enforcement efforts in fiscal 2016, according to the Office of Enforcement’s 10th annual report.
The PJM Market Monitor reported that capacity and regulation market results were “generally competitive” in the first 9 months of 2016, but remain vulnerable to stress.
FERC has approved CAISO’s plan to fine-tune its procedure for preventing generators from exercising local market power during transmission constraints.
FERC has accepted the SPP Tariff revisions to the RTO’s out-of-merit energy processes, scotching objections by several wind energy companies.
Following a summertime emergency pricing event that resulted in depressed prices, MISO is considering changing its emergency offer floor calculations to expand the pricing logic to more emergency power.
ERCOT staff told the Technical Advisory Committee it is preparing a proposal to map registered distributed generation units and a white paper on DER.
Texas regulators signed off on ERCOT’s plan to review its reliability standards and replace its loss-of-load expectation methodology for determining its reserve margin with one based on economics.
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