October 4, 2024

Energy Market

Berkshire Hathaway Offers Texas Emergency Power Supply
Berkshire Hathaway is proposing an entity in Texas that would build and maintain 10 GW of natural gas-fired capacity and gas storage.
Clean Energy Groups Protest MISO Storage Model Delays
Clean energy advocates are contesting MISO’s request for another extension to comply with FERC Order 841.
COVID, Storms, Wildfires Roiled Markets in 2020
COVID-19 and record hurricane and wildfire seasons made 2020 “a unique and at times challenging year,” FERC said in its State of the Markets report.
Software Error Could Mean ERCOT Price Revisions
ERCOT said it will seek board approval for a potential price correction needed because of software errors that occurred on Feb. 15 during a winter storm.
Bill Would Track Nevada Renewable Trade Flows
A Nevada bill intends to increase transparency around how much renewable energy the state is producing and how much of it is sold to other states.
NYISO Monthly LBMPs More than Triple from a Year Ago
NYISO locational-based marginal prices averaged $63.70/MWh in February, more than triple the $21.11/MWh average in February 2020.
Opposition Emerges to Southeast Energy Exchange Market
Stakeholders told FERC that the proposed Southeast Energy Exchange Market (SEEM) doesn’t go far enough to increase competition.
Texas Senate Passes Bill to Reprice ERCOT Feb. Sales
Texas' Senate is requiring the repricing of $4.2 billion in transactions ERCOT’s IMM identified as “billing errors” associated with February's winter storm.
SPP M2M Hits Staggering $168.1M
SPP raked in another $27.87 million in market-to-market settlements from MISO during December and January, pushing its total to $168.11 million.
ERCOT: Market Now Short $3.02B
ERCOT faces a shortfall of more than $3 billion after widespread generator outages stemming from a February winter storm.

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