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October 15, 2024

Markets

PJM Monitor Sounds Market Power Alarms
PJM’s Monitor sounded alarms about market power in the energy and capacity markets and said it may intervene in the RTO’s next capacity auction.
EIM Governing Body OKs Summer Readiness Measures
The Western Energy Imbalance Market approved two CAISO measures and endorsed a third to improve reliability, mitigate capacity shortfalls.
FERC Affirms Findings on PJM E&AS Offsets
FERC explained why it would not reconsider revenue calculations in PJM’s capacity market, saying it did want to further delay the RTO's upcoming auction.
Is the ERCOT ‘Casino’ Going Bust?
Texas utilities are coming up short on payments to ERCOT, as the state legislature begins considering restructuring the grid operator's governance.
MISO Wants Single Pricing Point for DER Aggregations
Distributed energy resources will function best in MISO’s markets if aggregations are limited to a single pricing node, RTO officials said.
CAISO MSC Weighs Summer Market Changes
CAISO’s Market Surveillance Committee has endorsed a set of rule changes designed to avoid shortfalls this summer.
NEPOOL Participants Committee Briefs: March 4, 2021
FERC sent ISO-NE a deficiency notice regarding the RTO’s proposed rule revisions for capacity auction values, the NEPOOL Participants Committee heard.
Overheard at CERAWeek by IHS Markit
The energy industry’s largest international gathering, CERAWeek by IHS Markit, was held virtually with “unprecedented” participation.
Texas PUC Won’t Reprice $16B Error
The Texas PUC declined to reprice $16 billion in market transactions that may have been incorrectly priced during the February winter storm.
ERCOT Board Cuts Ties with Magness
The names of potential successors to ERCOT CEO Bill Magness have already begun to circulate after the grid operator’s Board of Directors fired him.

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