locational marginal pricing (LMP)
MISO said it will soon present proposals for reformulating its VoLL while its IMM once again urged the RTO to nearly triple the current value.
ISO-NE presented to the Planning Advisory Committee feedback on lessons learned from its competitive Boston-area transmission solicitation.
PJM stakeholders endorsed the RTO’s package on updates to real-time value market rules that call for additional penalties for generation operators.
The U.S. energy industry is still wrestling with the economic and social impacts of the COVID-19 pandemic that hit the world nearly nine months ago.
FERC reaffirmed its rejection of a proposed net export limit to help the Western EIM avoid unintended consequences of market power mitigation.
PJM is moving forward with its plan to hire a consultant to conduct a review of the RTO’s auction revenue rights and financial transmission rights.
The average load-weighted, real-time LMP in PJM was $27.32/MWh last year, a 28.6% decrease from 2018 and the lowest in the RTO’s 21-year history.
PJM is “confident” it will meet FERC’s deadline for resolving pricing and dispatch misalignment issues in its fast-start pricing proposal.
SPP extended its record for wind energy production to 17,595 MW on Oct. 17, the RTO announced.
An unprecedented spell of hot weather across PJM left stakeholders questioning whether the RTO’s operational decisions produced unusual price signals.
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