Energy Market
PJM staff moved briskly through a dense agenda of the Energy Price Formation Senior Task Force in hopes of wrapping up the initiative by a Jan. 31 deadline.
The NYISO Business Issues Committee approved Tariff changes clarifying real-time market settlements and their interaction with storage resources.
CAISO’s 2019 revenue requirement will be less than this year’s, despite hiring and costs associated with its planned new role as reliability coordinator for most of the West.
The MISO Board of Directors approved allocating $20.5 million for another year of the RTO’s ongoing effort to replace its market platform.
After a year under new fuel-cost policy rules, PJM stakeholders discussed some potential tweaks at a special session of the Market Implementation Committee.
PJM’s Board of Managers signaled it is done waiting for stakeholders to make progress on a nearly yearlong initiative to improve energy price formation.
FERC approved PJM’s proposal to extend the deadline for day-ahead energy market bids and offers by 30 minutes, from 10:30 a.m. to 11 a.m.
Months past the deadline requested by PJM’s Board of Managers, details of potential changes to the RTO’s energy market remain anyone’s guess.
NYISO said it would revise its carbon pricing proposal to enhance the bidding treatment for carbon-free resources and help prevent carbon leakage.
A new report released says full market participation for renewables will require revisions to electricity markets, particularly in MISO and PJM.
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