scarcity pricing
The next phase of the Price Formation Enhancements Initiative will look to address issues around market power mitigation, scarcity pricing and fast-start pricing.
Enhanced protections against uncompetitive market behavior are among several tools to ensure fair and accurate pricing under a Markets+ framework, according to the latest "issue alert" from entities that back its development.
NYISO staff presented tariff revisions that may be deployed as early as Q1 of 2026 to account for the uncertainty of wind and solar energy forecasts.
A Texas appeals court has reversed a Public Utility Commission’s scarcity-pricing order and remanded it back to the PUC for further proceedings.
CAISO revamped its policy initiatives roadmap to reflect its to top strategic goals including ensuring resource adequacy and expanding its Western market role.
FERC continued to tell utilities to refund premiums they earned on top of extraordinarily high prices in August 2020 during a heat wave.
ERCOT’s Technical Advisory Committee conducted its first regular meeting since the February winter storm, which unsurprisingly dominating the discussion.
CAISO’s Market Surveillance Committee has endorsed a set of rule changes designed to avoid shortfalls this summer.
CAISO introduced a straw proposal that aims to attract supply this summer and head off shortfalls like those that led to rolling blackouts last year.
CAISO said it plans to begin a stakeholder initiative on scarcity pricing with an issue paper and formal start in January.
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