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October 10, 2024

Energy Market

PJM
Capacity Prices Jump in Most of PJM
Capacity auction prices increased sharply in most of PJM for delivery year 2021/22, with demand response and energy efficiency making gains while cleared nuclear power capacity dropped.
© RTO Insider
Steering Committee Advances MISO Market Improvement Ideas
MISO’s Steering Committee submitted eight new possible market improvement ideas to the Market Subcommittee for stakeholder discussion.
Gov. Signs NJ Nuke Subsidy, Renewables Bills
New Jersey Gov. Phil Murphy signed legislation to subsidize the state’s nuclear generating fleet and boost renewable generation including solar, storage and offshore wind.
Potomac Economics
NYISO Business Issues Committee Briefs: May 16, 2018
NYISO power prices averaged $35/MWh in April, up from $29.91/MWh in March and $31.06/MWh the same month a year ago.
© RTO Insider
ERCOT Briefs: Week Ending May 18, 2018
Triple-digit temperatures in parts of Texas last week sent energy demand into record territory and electricity prices soaring to nearly $1,500/MWh.
Occidental Chemical
FERC Sets PURPA Review; Powelson Targets 1-Mile Rule
FERC will review how it enforces the 1978 Public Utility Regulatory Policies Act (PURPA), with the commission’s treatment of the 1-mile rule a likely focus.
© RTO Insider
Retiring PJM Chair Schneider Reflects on 21 Years at the Helm
The first and only chairman of PJM’s Board of Managers retires Wednesday. It’s a day for which he has had years to prepare, and yet he admits he may never be fully ready to let go.
SPP MMU
SPP Average Winter Prices up 4.6% from 2017
SPP’s winter real-time prices increased 4.6% from the previous year, according to the Market Monitoring Unit’s latest quarterly State of the Market report.
Monitoring Analytics, PJM State of the Market Report, Q1 2018
PJM Prices up Sharply in Q1, Monitor Says
January’s cold weather resulted in a sharp increase in natural gas and power prices in the first quarter, PJM’s Independent Market Monitor reported.
Panel Debates Need for Changes in FERC Merger Policy
As FERC considers changes in its merger policy, panelists at the Energy Bar Association (EBA) discussed the pros and cons of adding tests to determine market power.

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