Markets
MISO will likely delay its capacity auction by at least a month after FERC issued a show-cause order regarding a capacity ratio the RTO is required to publish.
PJM presented a preliminary proposal to overhaul its capacity market to the Resource Adequacy Senior Task Force.
SPP has rolled out the governance structure that will oversee the first developmental phase of Markets+, its day-ahead and real-time market in the West.
A Texas appeals court reversed PUC orders to keep ERCOT wholesale prices at the $9,000/MWh cap during the deadly February 2021 winter storm.
MISO tried to quell unease over its intended capacity accreditation with a stakeholder workshop to show that its proposal lines up with a new report.
FERC released its State of the Market report, which showed some of the highest natural gas and power prices in years.
The PJM MIC endorsed a problem statement and issue charge to explore multi-schedule modeling of combined cycle generators in the market clearing engine.
PJM stakeholders appeared split over proposals to delay the RTO’s capacity auctions to include market rule changes being considered by the Board of Managers.
The likelihood of a sloped demand curve in MISO’s capacity market earned seals of approval from panelists at GCPA’s 9th Annual MISO/SPP Regional Conference.
ISO-NE procured 31,370 MW in this year’s capacity auction, the grid operator said Friday.
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