Energy Market
The NYISO Business Issues Committee voted to recommend a cost-containment mechanism for the ISO’s public policy transmission planning process.
The New York PSC expects winter electricity prices will be slightly lower than a year ago, based on a declining price trend and normal weather forecast.
FERC denied a challenge to its order granting market-based rate authority to Exelon’s FitzPatrick nuclear plant and approved the sale of Empire Generating.
FERC rejected a trio of complaints from American Municipal Power over how MISO and PJM address their pseudo-tied generation.
The New England Power Pool Markets Committee discussed ISO-NE’s Energy Security Improvements proposal, with a focus on day-ahead ancillary services.
TEP retained its right to sell power at market-based rates after FERC concluded it does not exercise market power within its balancing authority area.
An unprecedented spell of hot weather across PJM left stakeholders questioning whether the RTO’s operational decisions produced unusual price signals.
MISO is hoping to avoid the need for a 6th straight waiver of its $1,000/MWh offer cap this winter, filing a year ahead of a FERC deadline.
PJM’s grid coasted through an “uneventful” summer highlighted by a new record for weekend peak load and the lowest forced outrage rate in five years.
The New England Power Pool Participants Committee voted narrowly not to approve ISO-NE’s recommended installed capacity requirement values for FCA 14.
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