Markets
New England utilities have sought information on the agreement between ISO-NE and the Mystic power plant in Massachusetts.
PJM officials and stakeholders told FERC they oppose abandoning the RTO’s capacity market but disagree over the degree to which it needs to be changed.
ERCOT says it is prepared for triple-digit temperatures in much of Texas this week and next that are expected to lead to new records for peak demand.
The MIC voted against endorsing a proposal to expand the scope of the Reactive Power Compensation Task Force to include discussion of existing service rates.
New England energy industry leaders met at the 29th annual New England Energy Conference and Exposition to discuss regionwide clean energy market mechanisms.
FERC approved PJM’s request to delay its 2025/26 capacity auction from Wednesday until next year as the RTO seeks to revamp its market rules.
In a June 5 response to FERC, MISO defended its plan to bar renewable energy from supplying ramping reserves.
The PJM Markets and Reliability Committee voted to reject manual changes on the synchronized reserve requirement.
ISO-NE wholesale market costs fell in winter 2023 year-over-year, but capacity market costs increased.
FERC OK'd settlement judge procedures to resolve complaints that generators filed against PJM’s assessment of penalties for underperformance in December 2022.
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