Energy Market
MISO and its Monitor are making several changes to market mitigation procedures — most of which will increase the IMM’s authority to mitigate and penalize.
PJM told the MIC it will not file waivers for upcoming capacity auction deadlines and will rely on FERC to issue an order on its MOPR.
Summer has been late to Texas, but it is quickly making up it with triple-digit temperatures that are leading to four-figure prices in the ERCOT market.
PJM’s markets remain “under attack” from those concerned about the retirements of unprofitable legacy generators, the Monitor said.
ERCOT staff have laid out a plan to work with stakeholders in addressing a May pricing event that has led to a complaint filed with the Texas PUC.
Exelon officials told investors that Illinois’ transition toward 100% carbon-free power can’t succeed without PJM market reforms.
The Analysis Group will delay the release of a carbon pricing study expected to be completed this month, CEO Rich Dewey told the Management Committee.
The New England Power Pool Markets Committee continued to discuss impact assessments of ISO-NE’s proposed energy security improvements.
SPP’s Board of Directors approved a package of recommendations intended to expand renewable energy, boost reliability and improve transmission planning.
CAISO secured the largest chunk of the EIM’s $86 million in gross benefits during the second quarter as the solar-heavy ISO exported 2.16 million MWh.
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