October 16, 2024

Energy Market

EIM Governing Body Convenes First Meeting, Selects Leadership
The newly established Western Energy Imbalance Market (EIM) governing body kicked off its first meeting last week by electing its leadership.
SPP Briefs
The SPP Market Monitoring Unit filed its 2015 State of the Market report with FERC, saying the Integrated Marketplace’s second year of operation showed “significant maturing.”
MISO Informational Forum Briefs
At the MISO Informational Forum, stakeholders were briefed by a special agent from the FBI about cybersecurity threats against the grid.
Skeptics Question CAISO Plan to Lower Bid Floor
Critics of a proposal to lower the CAISO energy market bid floor questioned its efficacy in solving the ISO’s increasing intervals of oversupply.
FERC OKs CAISO Energy Storage Rules
FERC approved rule changes to improve the ability of energy storage resources to participate in CAISO markets.
Heeding Stakeholders, PJM Reduces Proposed Fuel-Cost Penalties
PJM removed capacity-deficiency and administrative penalties it had proposed for its fuel-cost policy rules; offering a single formula-based one to FERC.
PJM’s Grid 20/20 Ponders Mixing Public Policy, Competitive Markets
Panelists at the PJM Grid 20/20 summit discussed the challenges of conflicting state public policy, competing interests and the impact on the RTO's competitive markets.
Generators Balk at PJM Proposal on Fuel-Cost Policies
Stakeholders continue to react coolly to PJM's proposed rules for generator fuel-cost policies, saying they are more punitive than incentivizing.
Monitor: PJM Markets Competitive, but Have Room for Improvement
PJM’s Market Monitor made new recommendations for the energy, capacity and ancillary services markets in its 2nd quarter State of the Market Report.
PJM Market Implementation Committee Briefs
The PJM Market Implementation Committee discussed rules for releasing excess capacity, a plan to “un-nest” operating parameters and spot-in transmission from NYISO.

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