Energy Market
Generators fared better during the early January cold snap than in the 2014 polar vortex, officials told Congress, but New England needs to take urgent preventative action.
SPP’s Markets and Operations Policy Committee unanimously approved adding a major maintenance cost in mitigated start-up and no-load offers.
SPP told members how it will respond to the FERC order that found the RTO was suppressing investment signals by not allowing quick-start resources to set LMPs.
The D.C. Circuit Court of Appeals rejected NEPGA's challenge to FERC orders on scarcity prices, saying the commission had properly considered its complaints.
FERC denied Bear Swamp Power’s request for a waiver of the requirement to include certain affiliate information in its market-based rate filings.
NYISO power prices jumped sharply in December on the back of sharp gains for natural gas stemming from extreme cold weather at the end of the month.
NYISO’s new 5-year strategy calls for the ISO to align its competitive markets with New York’s efforts to promote clean energy and the “wave of change” sweeping the power industry.
Power industry participants got their first “peak” at a potential organized market that could rival CAISO’s efforts to expand its own operations into the rest of West.
FERC allowed NYISO to temporarily waive energy offer caps in response to recent natural gas price spikes stemming from this winter’s extreme cold snap.
PJM’s Tim Horger provided an update on the RTO’s efforts to comply with the FERC plan on fast-start resources at the Market Implementation Committee meeting.
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