October 18, 2024

Energy Market

FERC won’t Rehear PJM MOPR Ruling
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 Jurisdiction over DR in Peril as Supreme Court Splits
The Supreme Court's liberal wing indicated support Wednesday for FERC’s jurisdiction over demand response, but the commission faced harsh questions from conservative Antonin Scalia and swing vote Anthony Kennedy.
Entergy Closing Pilgrim Nuclear Power Station
Entergy announced Tuesday it will close its Pilgrim Nuclear Power Station in Plymouth, Mass., no later than June 1, 2019, marking the company’s exit from the New England market.
PJM Market Implementation Committee Briefs
A summary of issues discussed by the PJM Market Implementation Committee on Oct. 7, 2015.
MISO Considering Raising Energy Offer Cap
MISO said it may increase its energy market offer cap to $1,500/MWh this winter in response to expected FERC action.
Late Changes to House Energy Bill Leave Democrats Miffed
A key House committee approved what would be the first comprehensive energy legislation in eight years, but hopes for passage dimmed after amendments favored by the oil and gas industry and reductions in funding eroded bipartisan support.
PJM Members OK $2,000/MWh Energy Market Offer Cap
The PJM Markets and Reliability Committee voted overwhelmingly Thursday to raise the energy market offer cap to $2,000/MWh in a move that outgoing CEO Terry Boston called “the stakeholder process at its best.”
MISO Monitor: Extended LMP Changes Minimal Thus Far
The MISO board’s Markets Committee met at Potomac Economics headquarters in Fairfax, Va., to review the Market Monitor’s quarterly metrics report and its monitoring procedures.
FERC Sides with SPP Monitor on Mitigated Offers
FERC sided with SPP's Market Monitoring Unit in a long-running dispute with generators over what costs can be included in mitigated offers.
New England Generators: State Interventions Risk Market Development
New England politicians' urge to “do something” to combat high winter power prices risks undermining ISO-NE’s power market just as it has begun adding new generation, the head of NEPGA said.

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