November 24, 2024

Independent Market Monitor (IMM)

Talen Energy
PIO Complaint Faults PJM Treatment of Deactivating Generation
Several public interest organizations have filed a complaint with FERC contending PJM’s capacity market inflates consumer prices by not counting generators operating on RMR agreements as a form of capacity.
© RTO Insider LLC
MISO: Hurricanes, Heat Wave Noteworthy Against Relatively Peaceful Summer
MISO said it managed a milder summer overall compared to previous years, though it weathered two hurricanes and escalated into emergency warnings during a heat wave.
© RTO Insider LLC
MISO, Monitor at Stalemate over Need for $21B Long-range Tx Plan
MISO’s quarterly public meetup with its board of directors put on display the unrelenting rift between the RTO’s planners and the Independent Market Monitor over MISO’s $21 billion in long-range transmission planning.
© RTO Insider LLC
PJM Stakeholders Discuss DR Winter Availability

A PJM discussion on expanding the demand response winter availability window to include a wider range of hours branched off into a broader conversation on how the resource class participates in the RTO's capacity market.

MISO
MISO Says 2nd Long-range Tx Plan to Cost $21B, Deliver Double in Benefits
MISO said its second, mostly 765-kV long-range transmission plan will provide the Midwest region with at least a 1.9:1 benefit-cost ratio, a metric that was greeted with skepticism by Independent Market Monitor David Patton.
© RTO Insider LLC
PJM Asks FERC to Eliminate Energy Efficiency from Capacity Market
The Independent Market Monitor has argued energy efficiency can’t participate as a capacity resource because the load reductions already are accounted for in PJM’s load forecast.
© RTO Insider LLC
PJM Stakeholders Voting on Hourly Reserve Notification Times
The Reserve Certainty Senior Task Force is voting on a PJM proposal to add hourly differentiated notification times to the RTO’s day-ahead energy market.
PJM
PJM MRC/MC Briefs: Aug. 21, 2024
Consumers and electric distributors in PJM opposed a proposal to revise two financial parameters used to calculate the cost of new entry input to the 2027/28 Base Residual Auction.
© RTO Insider LLC
PJM Stakeholders Endorse Elimination of EE Participation in Capacity Market
The PJM Markets and Reliability Committee voted to eliminate energy efficiency from the capacity construct, adopting a proposal from the Monitor.
© RTO Insider LLC 
Stakeholders Endorse PJM EE Measurement and Verification Proposal
The Market Implementation Committee endorsed a PJM proposal to revise how the capacity offered by energy efficiency resources is measured and verified, rejecting competing proposals from EE providers and the Monitor.

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