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November 16, 2024

Energy Market

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.
CEOs See Dollar Signs in ZECs, PJM Price Formation
The CEOs of Exelon, PSEG and Dominion praised proposed price supports for nuclear and coal generators during their third-quarter earnings calls.
PacifiCorp, NV Energy Gain EIM Market-Based Rate Authority
PacifiCorp and NV Energy can sell power into the Western Energy Imbalance Market (EIM) at market-based rates, FERC has ruled.

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