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October 15, 2024

Markets

NEPOOL Markets Committee Briefs: April 6, 2021
ISO-NE told the NEPOOL Markets Committee that the RTO would seek an extension of the compliance deadline for FERC Order 2222 until February 2022.
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PJM MIC Briefs: April 7, 2021
PJM stakeholders questioned whether proposals addressing compensation for reactive power supply and voltage control service should be delayed.
West Needs to Add Transmission for Renewables, CEOs Say
Western states must work together to build transmission avoid blackouts, Idaho Power CEO Lisa Grow and CAISO CEO Elliot Mainzer agreed.
FERC Approves NY Demand Curve Reset, Rejects 17-Year Amortization
FERC approved an update of NYISO's capacity market demand curves but the commission rejected the proposed 17-year amortization period.
FERC OKs Delay on Order 2222 Compliance
FERC approved requests by MISO, SPP and PJM to delay their Order 2222 compliance filings by up to nine months.
SPP MMU Quarterly Report Focuses on Winter Storms
The SPP Monitor’s most recent quarterly State of the Market report is dominated by the historic winter weather events of mid-February.
ISO-NE, NEPOOL File ‘Jump Ball’ on Updated ORTP Values
ISO-NE and NEPOOL jointly filed updated offer review trigger price values with FERC under their “jump ball” provision.
ERCOT Blame Share: Weather (54%); Equipment (14%), Gas (12%)
ERCOT said “weather-related” issues accounted for most of February’s widespread and lengthy outages in Texas, according to a report it filed with the PUC.
FERC Seeks Comments on PJM Capacity Market
FERC is asking for stakeholder comments regarding its technical conference last month on capacity markets and the role of PJM’s MOPR.
Consensus Reached on Framework Document for NEPOOL Future Grid Study
The NEPOOL Markets and Reliability committees produced a consensus framework document and assumptions for Phase 1 of the Future Grid Reliability Study.

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