November 5, 2024

uplift

Monitoring Analytics, PJM State of the Market Report, Q1 2018
PJM Prices up Sharply in Q1, Monitor Says
January’s cold weather resulted in a sharp increase in natural gas and power prices in the first quarter, PJM’s Independent Market Monitor reported.
© RTO Insider
PJM Market Implementation Committee Briefs: May 2, 2018
PJM’s Market Implementation Committee approved manual revisions reducing the number of virtual bidding locations by almost 90%.
FERC Orders RTOs to Shine Light on Uplift Data
FERC ordered RTOs and ISOs to submit monthly reports detailing their uplift payments and operator-initiated commitments.
PJM
PJM: Cold Snap Uplift Shows Need for Pricing Changes
PJM that its generation fleet performed much better in this New Year’s January cold snap than during the 2014 polar vortex.
FERC: PJM Uplift Proposal for UTCs Falls Short
FERC rejected a key part of PJM’s controversial proposal to reallocate uplift costs, saying it had failed to justify its plan to begin charging UTC transactions.
PJM
Rule Changes Could Spur $1.4B Jump in PJM Market Costs
PJM released a proposal for revising price formation rules in its energy markets, which staff estimate could increase market costs by as much as $1.4 B.
Monitoring Analytics
PJM’s Markets Competitive, Energy Prices Up, Monitor Finds
PJM’s markets were competitive in the first nine months of the year, the Independent Market Monitor found in its quarterly State of the Market Report.
MISO’s Plans for Wintertime Offer Caps Stalled by FERC
FERC found that MISO did not adequately comply with its directives in Order 831, which stipulated changes to the RTO's hard and soft offer cap processes.
GSEC
FERC OKs SPP Scarcity Pricing Change
FERC approved SPP’s operating reserves proposal but said the RTO should respond to criticism about scarcity pricing avoidance.
PJM
Critics Slam PJM’s NOPR Alternative as ‘Windfall’
The PJM Independent Market Monitor and other critics say the alternative the RTO proposed to the DOE NOPR would also be expensive and undermine the markets.

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