November 27, 2024

market power mitigation

CAISO Advances Systemwide Market Power Plan
CAISO is moving ahead with a plan to stem systemwide market power, even though not everyone is convinced the effort is necessary.
Tucson Electric Power Maintains MBRA
TEP retained its right to sell power at market-based rates after FERC concluded it does not exercise market power within its balancing authority area.
FERC Orders Expanded Mitigation for LGE-KU
FERC rejected LG&E/KU's proposed transition for exiting from market power mitigation measures the commission had imposed to address the companies' merger.
MISO, Monitor Strengthening Mitigation Measures
MISO and its Monitor are making several changes to market mitigation procedures — most of which will increase the IMM’s authority to mitigate and penalize.
© RTO Insider
FERC Proposes Market Screen Exemptions
FERC proposed to exempt market participants in ISO-NE, MISO, NYISO and PJM from its indicative horizontal market power screens.
Troubled Waters for Powerex in EIM
Powerex is navigating a turbulent relationship with EIM rules the company says undercut the value of its hydro power resources.
ISO-NE
ISO-NE Seeks Lower Cutoff for Market Power Reviews
Bidders in the ISO-NE capacity auctions would face a lower price threshold for triggering market power reviews under a Tariff revision filed by the RTO.
MISO Wins OK for Dynamic Narrowly Constrained Areas
MISO won FERC permission to expand its mitigation measures on narrowly constrained areas to address intense but temporary congestion.
ISO-NE
FERC Denies Rehearing on ISO-NE Retirement Rule Changes
FERC denied requests for rehearing of its order that approved capacity market changes to prevent ISO-NE generation owners from economic resource retirement.
Monitor: CAISO Q2 Prices Hit Record Despite Mitigation
California’s scorching heat pushed CAISO day-ahead energy prices to record highs in the second quarter after market mitigation measures unexpectedly failed.

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