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November 16, 2024

Energy Market

MISO Market Subcommittee Briefs
The MISO Market Subcommittee discussed FERC's recent order on energy storage and December's spike in revenue sufficiency guarantee payments.
PJM Operating Committee Briefs
The PJM Operating Committee discussed a recent performance assessment hour simulation and debated replacing a phase angle regulator.
PJM Market Implementation Committee Briefs
PJM officials briefed the Market Implementation Committee on the implications of FERC's lack of quorum.
WECC
CAISO Gets Breathing Room on EIM Intertie Bidding from FERC
FERC said it will give CAISO more time to address its concerns over intertie bidding at the borders of the Energy Imbalance Market (EIM).
GDF SUEZ to Pay $82M in PJM Market Manipulation Settlement
In a settlement approved by FERC's Office of Enforcement, GDF SUEZ will will pay almost $82 million to PJM to settle market manipulation charges.
EIM Benefits up 8% in Q4 with APS, Puget Sound Additions
Members of the Energy Imbalance Market (EIM) saw increased savings and profits with the addition of Puget Sound Energy and APS.
APS to Maintain Market Rate Authority in Tucson Electric BAA
Arizona Public Service (APS) can continue to charge market-based rates in Tucson Electric Power’s balancing authority area, FERC ruled.
MISO Informational Forum Briefs
MISO officials and stakeholders discussed December's record output for wind power, IT improvements and transmission cost allocation.
FERC Denies Multiple Energy Crisis Rehearing Requests
The FERC decision dealt with companies implicated in manipulating prices during the initial "Summer Period" of the Western Energy Crisis.
PJM Markets and Reliability and Members Committees Briefs
PJM stakeholders agreed to update pseudo-tie rules, move quickly on efforts to reduce uplift and create a new Security & Resiliency Committee.

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