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July 6, 2024

Markets

© RTO Insider LLC
PJM: Elliott Nonperformance Penalties Total More Than $1.8B
PJM has assessed more than $1.8 billion in performance penalties on generators that underperformed during the December 2022 winter storm, the RTO said.
PJM
PJM Seeks to Delay Capacity Auctions Through 2028 Delivery Year
PJM asked FERC to delay its capacity auctions to give the RTO time to incorporate rule changes to address reliability concerns.
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DER Experts Give MISO Aggregation Pointers
With MISO still years away from allowing DER aggregators to fully participate in its markets, the RTO hosted experts to discuss best practices and data sharing.
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FERC Approves Revisions to PJM’s ELCC Accreditation Model
FERC conditionally approved a PJM proposal to revise its approach to accrediting intermittent and hybrid resources under its ELCC model.
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Texas Legislature Moves Bills Remaking the ERCOT Market
Texas lawmakers have advanced several bills that favor new gas generation, threatening to upend the ERCOT market and punish renewable energy.
Shutterstock
Complaints to FERC over PJM Performance Penalties Multiply
More generator companies filed complaints with FERC alleging that PJM violated its governing documents during its response to the December 2022 winter storm.
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PJM Presents Alternative Capacity Auction Schedule
PJM presented a draft proposal to delay the next four Base Residual Auctions to the Members Committee during a special meeting.
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IPP Asks FERC to Dismiss PJM Performance Penalties over Elliott Outages
Nautilus Power asked FERC to dismiss penalties over the December 2022 storm, saying PJM failed to provide sufficient notice for their units to purchase gas.
SPP
SPP: 31 Entities Join in Markets+ Development
Thirty-one utilities, public interest groups and other entities have joined SPP's effort to develop and launch its Markets+ offering.
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PJM Presents More Detail on CIFP Proposal
PJM proposed a new reliability metric to address resource adequacy concerns as stakeholders moved forward with plans to overhaul the RTO's capacity market.

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