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October 11, 2024

Energy Market

NYISO
NYISO Business Issues Committee Briefs: Nov. 15, 2017
Among other news reported at the NYISO Business Issues Committee, year-to-date monthly energy prices averaged $34.89/MWh in October, a 4% increase.
FERC Won’t Rehear Entergy Refund Order on Off-System Sales
FERC refused to reconsider how Entergy should calculate ratepayer refunds resulting from Entergy Arkansas’ off-system sales.
MISO to Seek Waiver After FERC Rejects Offer Cap Plan
MISO will seek a series of waivers in order to implement wintertime energy offer caps after FERC rejected the grid operator’s proposed cap design.
PJM
Rule Changes Could Spur $1.4B Jump in PJM Market Costs
PJM released a proposal for revising price formation rules in its energy markets, which staff estimate could increase market costs by as much as $1.4 B.
8 Projects Set for 2018 MISO Market Roadmap
MISO and its members have selected eight market-improvement projects from its annual Market Roadmap to focus on in 2018.
Monitoring Analytics
PJM’s Markets Competitive, Energy Prices Up, Monitor Finds
PJM’s markets were competitive in the first nine months of the year, the Independent Market Monitor found in its quarterly State of the Market Report.
MISO’s Plans for Wintertime Offer Caps Stalled by FERC
FERC found that MISO did not adequately comply with its directives in Order 831, which stipulated changes to the RTO's hard and soft offer cap processes.
GSEC
FERC OKs SPP Scarcity Pricing Change
FERC approved SPP’s operating reserves proposal but said the RTO should respond to criticism about scarcity pricing avoidance.
FERC Settlement Cuts Barclays Market Manipulation Fine
FERC agreed to sharply reduce the penalty Barclays Bank must pay to settle claims that it manipulated Western electricity markets a decade ago.
© RTO Insider
SPP Board of Directors/Members Committee Briefs: Oct. 31, 2017
SPP’s Board of Directors approved a cleanup of Tariff language that just may have put the RTO’s troublesome Z2 process in the rearview mirror.

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