February 24, 2025

price formation

Department of Energy, Staff Report to the Secretary on Electricity Markets and Reliability, August 23, 2017
Nuclear Industry Seeks PPAs, FERC, RTO Action After Grid Study
The nuclear industry hopes the grid study released by the Energy Department will accelerate RTO price formation efforts valuing baseload generation.
FERC, RTOs to DOE: We Got This
The U.S. Energy Department’s study acknowledges its limited authority over wholesale markets, leaving it to FERC and RTOs to act on its recommendations.
ERCOT, Regulators Discuss Need for Pricing Rule Changes
ERCOT stakeholders jammed the Public Utility Commission of Texas' (PUCT's) hearing room for the first of several discussions on price-formation issues.
PUCT Workshop to Address ERCOT Market Improvements
The ERCOT energy-only market may not be broken, but stakeholders will discuss some fine-tuning at a PUCT workshop this week.
Day-ahead Prices Going Negative in CAISO
Negative day-ahead prices surged in CAISO during the first quarter stemming from surpluses of solar and hydroelectric output.
MISO
Monitor Recommends 9 New MISO Market Changes
The MISO Market Monitor still sees room for significant improvement after giving the RTO’s markets a passing grade.
PJM Stakeholders Seek Story Behind Dispatch Data
The plethora of dispatch data PJM provides is only useful if the grid operator also explains what it means, stakeholders told RTO staff at a special MIC.
PJM Asked to Explain Day-Ahead Commitment Assumptions
Stakeholders questioned PJM's method for clearing units in its day-ahead auction at a special session of the Markets Implementation Committee.
PJM Stakeholders Explore Price Formation, Seek Transparency
PJM should explain its daily operating decisions in more detail so market participants can better understand price formation and how markets are formed.
FERC
FERC: Let Fast-Start Resources Set Prices
RTOs and ISOs would be required to incorporate fast-start resources into energy and ancillary services pricing under proposed rules approved by FERC.

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