Market Monitor
PJM made it through the winter without having to invoke a temporary cost-based energy offer cap of $1,800/MWh, the Independent Market Monitor reported.
FERC fined Maxim Power $5 million and employee Kyle Mitton was fined $50,000 for overcharging ISO-NE.
A summary of measures and issues discussed at the SPP Board of Directors/Members Committee meeting on April 28, 2015.
The SPP Market Monitor asked FERC to reject a proposal that would bar the RTO from canceling commitments of gas-fired generators if they are not needed.
The MISO Market Monitor says transmission loading relief requests attributed to a TVA constraint are causing price volatility within the RTO.
Maxim Power says market manipulation allegations by FERC are an attempt to gain leverage for a settlement of charges from subsequent, unrelated cases.
A round-up of news from the PJM Market Implementation Committee on March 11, 2015.
Last winter’s cold raised concerns about economic withholding, the PJM Independent Market Monitor said in its annual State of the Market report.
Dynegy has reached a settlement with PJM’s Market Monitor to alleviate market power concerns over its purchase of 12,400 MW of generation from Duke and ECP.
PJM officials are seeking manual changes to document rules on generator notification and start-up times they said had been authorized by members in 2012.
Want more? Advanced Search