Energy Market
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.
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 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.
A summary of issues discussed by the PJM Market Implementation Committee on Oct. 7, 2015.
MISO said it may increase its energy market offer cap to $1,500/MWh this winter in response to expected FERC action.
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.
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.”
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 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 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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