October 18, 2024

Energy Market

Monitor: Winter Prices Boosted PJM Prices, Raise Withholding Concerns
Last winter’s cold raised concerns about economic withholding, the PJM Independent Market Monitor said in its annual State of the Market report.
Year 1 Judged a Success for MISO South; Gains Limited by SPP Dispute
MISO officials last week called Year One of MISO South a success but acknowledged room for improvement in crisis communications and unfulfilled potential.
FERC Approves SPP Mitigated Offer Changes
FERC approved changes to the SPP Tariff that clarify the circumstances under which market participants are able to modify their mitigated offers during the operating day.
Monitor Gives Lukewarm Review to PJM ‘Sham Scheduling’ Fix
PJM’s plan to change the definition of the IMO interface with the Ontario IESO received a lukewarm review from Monitor Joe Bowring, who said it would not correct what he has called “sham scheduling.”
Powhatan Fires Back at PJM
Powhatan Energy Fund, already embroiled in a battle with FERC’s Office of Enforcement, have now taken on PJM.
FERC: PJM Excess Reserve Pricing Proposal Deficient
FERC issued a deficiency letter last week asking PJM to justify its proposal for reserve pricing in emergencies.
PJM: Gates’ Trades Cost Exelon, AEP, Dominion $1M Each — UPDATED
Powhatan Energy Fund’s trading scheme cost more than 20 PJM market participants at least $100,000 each, with Exelon, AEP and Dominion each losing more than $1 million, according to an RTO analysis released by FERC.
Gates, Powhatan Say FERC Enforcers Didn’t Share Crucial Info
Attorneys for Powhatan Energy Fund and Kevin Gates accused FERC's Office of Enforcement of withholding information that could exonerate their clients in a high-profile market manipulation case.
PJM CEO Terry Boston Urges Consensus in 2015
Boston lamented that PJM took unilateral action on several contentious proposals in 2014 after stakeholders were unable to reach consensus.
FERC Looks Again at Export Pricing for MISO MVPs
FERC will revisit its decision to prohibit MISO from assessing export charges to PJM for multi-value projects that benefit PJM customers.

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