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November 17, 2024

Markets

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Former Chairs, Rep. Casten Call for Bolder FERC
FERC has become too politicized and should use its independent authority to move the electricity industry forward, two former commission chairs said.
AEE
FERC Orders More Compliance Filings from NYISO for Order 2222
FERC partially accepted NYISO’s second compliance filing for Order 2222, directing the ISO to submit another within 30 days to correct inconsistencies.
NYISO
NYISO Operating Committee Briefs: April 20, 2023
NYISO updated the Operating Committee about forecasted summer conditions, assessing that margins are declining over time as NYISO transitions to clean energy.
Shutterstock
FERC Approves PJM Variable Maintenance Adder Proposal
FERC approved a PJM proposal to overhaul how generators can represent variable operating and maintenance costs in their energy market offers.
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FERC Terminates MISO Show-cause Order
FERC approved MISO’s reworked ratio for use in its capacity auction a day before MISO began accepting offers on the postponed auction.
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FERC Approves Termination of FTR Trader’s Member Status
FERC granted PJM’s request to terminate the membership of Hill Energy Resource & Services following the company’s failure to pay invoices on time in 2022.
NYISO
NYISO Seeking to Increase Emissions Transparency
NYISO gave ICAP/MIWG proposed methodology for measuring implied marginal emission rates to increase transparency around New York’s emissions output.
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PJM MIC Briefs: April. 12, 2023
The PJM Market Implementation Committee overwhelmingly voted to endorse manual revisions to put limits on when generators can submit real-time values.
PJM Seeks Settlement over Elliott Nonperformance Penalties
PJM asked FERC to initiate settlement judge procedures in its dispute with generators over nonperformance penalties for Winter Storm Elliott.
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Western Day-Ahead Markets Debated at CREPC-WIRAB
Panelists at the CREPC-WIRAB spring meeting argued over whether the West would benefit more from a day-ahead market run by CAISO or with another run by SPP.

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