Energy Market
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.
MISO’s Steering Committee submitted eight new possible market improvement ideas to the Market Subcommittee for stakeholder discussion.
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.
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.
Triple-digit temperatures in parts of Texas last week sent energy demand into record territory and electricity prices soaring to nearly $1,500/MWh.
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.
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’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.
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.
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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