Energy Market

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California Governor Seeks Central Procurement Authority
California's governor has proposed legislation that could give the Department of Water Resources central procurement authority to ensure resource adequacy.
© RTO Insider LLC
SPP Unveils Markets+ Governance Structure
SPP has rolled out the governance structure that will oversee the first developmental phase of Markets+, its day-ahead and real-time market in the West.
© RTO Insider LLC
Texas Court Reverses PUC’s Uri Market Orders
A Texas appeals court reversed PUC orders to keep ERCOT wholesale prices at the $9,000/MWh cap during the deadly February 2021 winter storm.
© RTO Insider LLC
FERC State of the Markets Report Shows High Energy Prices for 2022
FERC released its State of the Market report, which showed some of the highest natural gas and power prices in years.
© RTO Insider LLC
PJM MIC Briefs: March 8, 2023
The PJM MIC endorsed a problem statement and issue charge to explore multi-schedule modeling of combined cycle generators in the market clearing engine.
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.

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