Markets
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.
The Western Energy Imbalance Market approved two CAISO measures and endorsed a third to improve reliability, mitigate capacity shortfalls.
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.
Texas utilities are coming up short on payments to ERCOT, as the state legislature begins considering restructuring the grid operator's governance.
Distributed energy resources will function best in MISO’s markets if aggregations are limited to a single pricing node, RTO officials said.
CAISO’s Market Surveillance Committee has endorsed a set of rule changes designed to avoid shortfalls this summer.
FERC sent ISO-NE a deficiency notice regarding the RTO’s proposed rule revisions for capacity auction values, the NEPOOL Participants Committee heard.
The energy industry’s largest international gathering, CERAWeek by IHS Markit, was held virtually with “unprecedented” participation.
The Texas PUC declined to reprice $16 billion in market transactions that may have been incorrectly priced during the February winter storm.
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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