operating reserve demand curve (ORDC)
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability (MRC) and Members committees (MC) on Jan. 24, 2019.
The mothballing of a coal-fired plant has reduced ERCOT’s reserve margin of 8.1% to 7.4%, prodding the Texas PUC into ordering market changes.
The working group charged with shepherding carbon pricing into New York’s wholesale electricity market discussed how to handle import/export transactions.
Independent Market Monitor Joe Bowring said PJM’s proposed revisions to how it prices reserves necessitates changes in the capacity market.
PJM stakeholders appeared resigned to a unilateral FERC filing by the Board of Managers revising the RTO’s proposed price formation rules.
ERCOT is preparing to take on the Texas heat again in 2019 with reserve margins that have shrunk even further than last summer's.
PJM CEO Andy Ott responded to concerns about the Board of Managers’ recent ultimatum around price formation, and stakeholders offered additional ones.
PJM’s Board of Managers signaled it is done waiting for stakeholders to make progress on a nearly yearlong initiative to improve energy price formation.
Months past the deadline requested by PJM’s Board of Managers, details of potential changes to the RTO’s energy market remain anyone’s guess.
ERCOT market participants shared their thoughts with the PUCT on how to address the market’s lack of scarcity pricing and slim reserve margins.
Want more? Advanced Search