November 2, 2024

locational marginal pricing (LMP)

MISO Reevaluating Value of Loss Load as Monitor Pushes $10,000/MWh
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 PAC Briefs: Dec. 16, 2020
ISO-NE presented to the Planning Advisory Committee feedback on lessons learned from its competitive Boston-area transmission solicitation.
PJM MIC Briefs: Nov. 5, 2020
PJM stakeholders endorsed the RTO’s package on updates to real-time value market rules that call for additional penalties for generation operators.
Energy Sector Still Grappling with Pandemic Impact
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 Clarifies Western EIM Order
FERC reaffirmed its rejection of a proposed net export limit to help the Western EIM avoid unintended consequences of market power mitigation.
PJM ARR/FTR Review Could Pit LSEs vs. Financial Traders
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.
UPDATE: Monitor: PJM Saw Record-low Energy Prices in 2019
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 MIC Briefs: March 11, 2020
PJM is “confident” it will meet FERC’s deadline for resolving pricing and dispatch misalignment issues in its fast-start pricing proposal.
SPP Ups its Wind Record
SPP extended its record for wind energy production to 17,595 MW on Oct. 17, the RTO announced.
PJM, Stakeholders Baffled by DR Event
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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