Markets
FERC rejected PJM’s plan to change its handling of synchronized reserve events, saying it would likely result in higher prices and over-procurement.
PJM's real-time LMPs and congestion costs both spiked in the first half of 2022, driven by increasing fuel prices and loads, the IMM reported.
Stakeholders urged PJM to delay action on generation deliverability testing until rules on capacity interconnection rights for ELCC resources are complete.
The MIC approved an initiative to change the determination of zonal load bus distribution factors and heard first read on changes to VOM cost development.
NRDC argued that ISO-NE’s preferred method of measuring marginal reliability impact risks under-valuing some components of clean energy resources.
FERC wants more information to determine whether it should require a 99% confidence level in setting collateral for FTR traders or the 97% level PJM sought.
SPP’s Western Energy Imbalance Service market saw “very limited growth” in its first 13 months, SPP’s MMU said in its first annual report on the market.
ERCOT's Technical Advisory Committee endorsed two transmission projects with a combined capital cost of more than $760 million.
A Western RTO could yield significant economic benefits, adding billions to the region’s GDP and generating thousands of new jobs, a new report says.
PJM members approved a change to the Consensus Based Issue Resolution process and received briefings on options for capacity auction parameters.
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