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October 8, 2024

Energy Market

PJM MIC to Vote on Alternative Must-offer Exception Rules
PJM’s Market Implementation Committee, which approved changes to its must-offer exception rules in November, will consider 2 alternative proposals March 6.
FERC OKs CAISO ‘Load Conformance’ Practices
FERC approved changes to CAISO’s Tariff that describe practices already employed to balance supply and demand in the day-ahead and real-time markets.
Overheard at GCPA MISO South Regional Conference
MISO CEO John Bear opened GCPA’s MISO South Regional Conference with the RTO’s strategic initiatives and the five “500-year” storms it has experienced.
PJM MRC/MC Briefs: Feb. 21, 2019
PJM members will vote next month on a proposal to move all MRC and MC meetings to the RTO's Conference and Training Center in Valley Forge, Pa.
State Regulators to Re-examine PNM’s EIM Membership
New Mexico’s PUC vacated an order that had paved the way for the PSC of New Mexico to join CAISO’s Western Energy Imbalance Market by the spring of 2021.
MISO Claims up to $3.9B in 2018 Benefits
MISO estimates that it delivered between $3.2 billion and $3.9 billion in benefits to its members in 2018.
ERCOT Board of Directors Meeting: Feb. 12, 2019
ERCOT CEO Bill Magness told the Board of Directors the grid operator will use favorable budget variances to fund the addition of real-time co-optimization.
NYISO Business Issues Committee Briefs: Feb. 13, 2019
NYISO locational-based marginal prices averaged $50.93/MWh in January, up by about 25% from December and down around 50% from the same month a year ago.
PJM Advances Own Energy Price Formation Plan
The PJM Board of Managers agreed to submit staff’s revised energy price formation proposal for FERC approval, CEO Andy Ott said.
FERC OKs Salt River Project Agreement to Join EIM
FERC approved an agreement between CAISO and the Salt River Project that establishes the rules governing the utility’s participation in the Western EIM.

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