October 16, 2024

Energy Market

Monitor Again Criticizes MISO’s Uninstructed Deviation Rules
The MISO Independent Market Monitor presented new data showing how much energy is wasted because of the RTO’s lenient thresholds for uninstructed deviations, reviving his criticism of the rules.
Maxim Power to Pay $8M to Settle Fuel-Switching Case
Maxim Power will pay $8 million to settle a FERC complaint that it manipulated the New England power market in a fuel-switching scheme.
NYISO Management Committee Briefs
The NYISO Management Committee discussed the latest Reliability Needs Assessment and a heat wave that prompted a mandatory systemwide demand response event.
FERC OKs Ramping Product for CAISO, EIM
FERC approved the CAISO plan to for a new market mechanism for itself and the Western EIM designed to integration of variable renewable energy resources.
FERC Considers Changes to Market Power Analyses
FERC said it is considering changing how it evaluates market power in electric utility mergers and applications for market-based rate authority.
FERC Considering Changes to EQR Requirements
FERC is considering changes to its Electric Quarterly Report rules, including requiring data on ancillary services transactions and changes to how financially settled trades are reported.
PJM Attempting to Usurp Market Mitigation Role, Monitor Says
PJM is trying to usurp the IMM’s authority to regulate fuel-cost policies and consequently increasing market participants’ ability to exercise market power, the Monitor argued in a protest.
MISO Markets Committee of the Board of Directors Briefs
Monitor David Patton said that although MISO markets and operations performed well over a warmer-than-usual summer, there is room for improvement.
Distributed Resources to Reshape Industry, Symposium Panelists Say
The increased adoption of distributed energy resources occupied center stage during the second day of CAISO’s annual Stakeholder Symposium.
Wisconsin Manufacturers Call for Retail Choice
Wisconsin’s large manufacturers are asking state regulators to grant them retail choice, warning that high power prices may otherwise cripple the state’s economic growth.

Want more? Advanced Search