scarcity pricing
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ERCOT can ensure long-term reliability with its energy-only market, but it must operate its grid less conservatively for that to happen, said Potomac Economics President David Patton.
CAISO
After years in the making, CAISO released a price formation proposal intended to reduce “unnecessary” market power mitigation, strengthen reliability and provide consistent pricing incentives in the WEIM and future EDAM.
ISO-NE
The New England wholesale electricity markets performed competitively in 2024, while decreased imports and higher emissions compliance rates increased overall market costs, the ISO-NE Internal Market Monitor told the NEPOOL Participants Committee.
SPP
FERC approved price formation reforms for SPP and set questions around resource accreditation for additional proceedings in a pair of orders issued at its regular monthly meeting.
CAISO
The next phase of the Price Formation Enhancements Initiative will look to address issues around market power mitigation, scarcity pricing and fast-start pricing.
Tacoma Public Utilities
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.
Convergent Energy and Power
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.
State of Texas
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
CAISO revamped its policy initiatives roadmap to reflect its to top strategic goals including ensuring resource adequacy and expanding its Western market role.
Shutterstock
FERC continued to tell utilities to refund premiums they earned on top of extraordinarily high prices in August 2020 during a heat wave.
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