November 26, 2024

Energy Market

Monitoring Analytics
PJM Monitor: Rise in Fuel Costs Led to Record-high Prices in 2022
Average PJM LMPs doubled to a record-high $80/MWh last year, driven mostly by coal and natural gas prices, the RTO’s Independent Market Monitor reported.
MISO
MISO Reports Loss of Control Room Capabilities
MISO said it experienced a “complete loss of monitoring or control capability” at its control center on March 1, setting off short-lived energy imbalances.
© RTO Insider LLC
ERCOT’s Vegas Makes His Case for PCM
ERCOT CEO Pablo Vegas endorsed the PUC's performance credit mechanism, saying it will incent new and preserve existing dispatchable generation.
© RTO Insider LLC
EBA Addresses ‘Zeitgeist’ of Western Regionalization
The Energy Bar Association Western Chapter heard panelists and CAISO's CEO discuss rapidly evolving efforts to organize markets and an RA program in the West.
Duke Energy Renewables
FERC Grants Rehearing of SPP Capacity Accreditation Proposal
FERC rejected SPP’s capacity accreditation methodology for wind and solar resources and granted a rehearing request of its prior approval.
© RTO Insider LLC
MISO Wants Hybrid Resources’ Separate Market Participation
MISO says it’s leaning toward a simplified method to handle the market participation of combination battery storage and renewable energy resources.
Entergy Arkansas
MISO Defends Energy Exports During December Storm
MISO continues to defend its decision to export gigawatts of power to its neighbors during the expansive, late December winter storm.
MISO
MISO Foresees Uneventful Spring Operations
MISO said a spring under typical demand and generation outages shouldn’t prove much trouble.
SPP
SPP Moving Quickly on Markets+’s Development
SPP has executed funding agreements with eight Western Interconnection entities for the first phase of its Markets+ market, accelerating its development.
Vistra
Vistra Favors PCM’s Emphasis on Dispatchable Gen
Vistra is taking a wait-and-see approach to ERCOT’s market redesign that is currently being debated, saying there are many details to work out.

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