Market Monitor
PJM’s markets were competitive in the first nine months of the year, the Independent Market Monitor found in its quarterly State of the Market Report.
Consumer representatives and the Independent Market Monitor expressed concern at the MRC over PJM’s plans for vetting energy offers exceeding $1,000/MWh.
Consumer advocates urged Congress to pressure FERC to improve the RTO stakeholder process and reject Energy Secretary Rick Perry’s directive to rescue at-risk coal and nuclear generation.
CAISO’s internal Market Monitor provided more details about the extreme day-ahead price spikes occurring over a three-day period in June.
PJM stakeholders pressed the RTO to find common ground regarding several changes to Manual 11 in preparation for implementing intraday offers.
The PJM Capacity Construct Public Policy Senior Task Force has been working hard to develop rule changes in time for next year’s capacity auction.
The MISO Market Monitor still sees room for significant improvement after giving the RTO’s markets a passing grade.
MISO proposed creating a new category of narrowly constrained areas (NCAs) identified by momentary congestion and associated market power.
ERCOT’s wholesale market performed “competitively” in 2016, the ISO’s Independent Market Monitor said in its annual State of the Market report.
The NYISO Management Committee discussed the upcoming summer, an annual review of the Market Monitoring Unit and Tariff changes.
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