Energy Market
MISO estimates that it delivered between $3.2 billion and $3.9 billion in benefits to its members in 2018.
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 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.
The PJM Board of Managers agreed to submit staff’s revised energy price formation proposal for FERC approval, CEO Andy Ott said.
FERC approved an agreement between CAISO and the Salt River Project that establishes the rules governing the utility’s participation in the Western EIM.
Pennsylvania lawmakers must approve nuclear subsidies by May to prevent the retirement of Three Mile Island Unit 1, Exelon CEO Chris Crane said.
Stakeholders are urging MISO to slow downits disjointed resource availability and need effort until it can measure the effects of 3 related FERC filings.
CAISO’s Board of Governors approved a proposal to ensure bidders from outside the ISO deliver electricity as promised or face stringent financial penalties.
NYISO stakeholders debated that carbon pricing could occasionally leave New York electricity consumers paying into the carbon revenue account.
PJM stakeholders failed again to reach agreement on energy price formation rules, as a last-ditch effort at compromise fell short in a sector-weighted vote.
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