November 23, 2024

State of the Market report

ERCOT Briefs
ERCOT’s wholesale market performed “competitively” in 2016, the ISO’s Independent Market Monitor said in its annual State of the Market report.
Gas Price Spreads Made NYC Generation More Economic in 2016
Natural gas price spreads between Western and Eastern New York in 2016 led to NYC generation being “more economic than in recent years,” NYISO's MMU said.
PJM Differs with Monitor in State of the Market Response
While PJM and its Independent Market Monitor agree that its markets “work” and are competitive, they disagree on what might make them better.
PJM Monitor Says Low Prices Indicate Competitive Market
Joe Bowring said in a briefing on the State of the Market Report that that the PJM market is healthy, despite what some believe are low energy prices.
PJM Monitor Concerned About State Subsidies
The PJM Market Monitor gave his 2016 State of the Market Report, calling state subsidies for power plants a "threat" to wholesale electric markets.
SPP Coal Generation Continues Decline; Wind, Load Records Set
SPP set a new record for wind power generation Friday when the footprint cracked the 12,000-MW threshold for the first time while coal generation declined.
PJM Market Monitor’s Q3 Report Finds Markets Competitive
The PJM Market Monitor reported that capacity and regulation market results were “generally competitive” in the first 9 months of 2016, but remain vulnerable to stress.
MISO Agrees to Implement Most of IMM’s Recommendations
MISO said it generally agrees with the recommendations its Independent Marker Monitor, but won’t implement a few and wants additional analysis on others.
MISO Markets Committee of the Board of Directors Briefs
Monitor David Patton said that although MISO markets and operations performed well over a warmer-than-usual summer, there is room for improvement.
SPP Briefs
The SPP Market Monitoring Unit filed its 2015 State of the Market report with FERC, saying the Integrated Marketplace’s second year of operation showed “significant maturing.”

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