November 1, 2024

December 2022 Winter Storm

NYISO
NYISO Battered but not Bruised this Winter
December’s winter storm and early February’s cold snap challenged the New York grid, but they did not cause any emergencies, NYISO told the Operating Committee.
© RTO Insider LLC
PJM, Stakeholders Present Initial Capacity Market Proposals to RASTF
PJM presented a preliminary proposal to overhaul its capacity market to the Resource Adequacy Senior Task Force.
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.
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PJM Stakeholders Seeking More Detail from Board on Reliability Fast Path
PJM stakeholders requested that the Board of Managers provide more information about its initiation of a fast-track process to address reliability concerns.
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ERCOT Board of Directors Briefs: Feb. 27-28, 2023
ERCOT staff says that despite “not insignificant” forced outages during the December winter storm, it set a new winter demand record and supported reliability.
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Texas RE Board/MRC Briefs: Feb. 8, 2023
A self-described cryptocurrency skeptic turned advocate says bitcoin mining could provide the answer to the ERCOT market’s volatility.
Lawrence Berkeley National Laboratory
Lawrence Berkeley Lab Sees New Transmission Value Spike in 2022
The Lawrence Berkeley National Laboratory released updated data showing the highest savings for new electric transmission lines in the last decade.
© RTO Insider LLC
PJM Stakeholders Discuss Capacity Market Changes After Winter Storm
PJM's Independent Market Monitor has proposed a plan to eliminate performance assessment intervals and related penalties from the RTO’s capacity market.
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ERCOT Technical Advisory Committee Briefs: Jan. 24, 2023
ERCOT is analyzing information from generators that were forced offline during the December winter storm to better understand why thermal outages were an issue.
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SPP MOPC Briefs: Jan. 17-18, 2023
SPP and MISO plan to apply for grants from the Department of Energy to help fund five transmission projects recently identified in their JTIQ work.

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