Energy Market
A roundup of news from the PJM Market Implementation Committee on Nov. 4, 2015.
A summary of issues discussed at the MISO Markets Subcommittee on Oct. 27, including changes to shortage pricing rules, the RTO's settlement with SPP and FERC in the midst of Congressional partisan deadlock.
MISO will not raise its energy offer cap for the coming winter but will ask FERC to approve another waiver allowing recovery of costs above $1,000/MWh through uplift.
Exelon's Clinton reactor will take part in MISO’s spring capacity auction, keeping the reactor functioning throughout the 2016/17 operating year.
Entergy said Monday it will close the 838-MW James A. FitzPatrick Nuclear Power Plant by early 2017 due to declining revenues and high operational costs.
The NY PSC for the second time rejected a New York assemblyman’s attempt to force the disclosure of bidding information from the state’s generators.
The R.E. Ginna nuclear plant and Rochester Gas & Electric have reached an agreement to provide a financial lifeline for the plant through March 2017, 18 months earlier than originally proposed.
FERC declined to rehear a 2013 order approving PJM's revisions to a rule designed to mitigate buyer-side market power in the capacity market.
FERC denied multiple requests for rehearing and clarification of its 2014 order that conditionally approved the core Integrated System entities’ SPP membership.
New York's winter electricity prices are expected to average about 9% lower than last year’s, PSC staff said.
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