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November 17, 2024

Energy Market

MISO Changes to Queue, Auction, Cost Allocation to Dominate 2017
For MISO, 2017 will likely be filled with capacity auction changes, cost allocation debates, an updated interconnection queue and transmission studies.
SPP Coal Generation Continues Decline; Wind, Load Records Set
SPP set a new record for wind power generation Friday when the footprint cracked the 12,000-MW threshold for the first time while coal generation declined.
CAISO Expansion in Question as EIM Grows
CAISO rang in 2016 with a strong push to expand its EIM into PacifiCorp’s sprawling service territory, but the project hit a stumbling block by mid-year.
FERC Upholds Berkshire Market-Based Rate Ruling
FERC denied the Berkshire Hathaway Energy request to rehear a ruling prohibiting the company’s subsidiaries from selling electricity at market-based rates.
MISO Incorporates 1st Solar Farm into Wholesale Market
North Star, a $180 million, 100-MW solar farm outside of Minneapolis, joined the MISO wholesale electric market on December 16th.
Seattle City Light Signs EIM Membership Agreement
Seattle City Light has signed an agreement with CAISO to begin participating in the Western Energy Imbalance Market in April 2019.
New FERC Rule Will Double RTO Offer Caps
With winter looming, FERC last week adopted a rule that would double the “hard” RTO offer caps for day-ahead and real-time markets to $2,000/MWh.
Market Manipulation Cases Dominate FERC Enforcement
Market manipulation cases dominated FERC enforcement efforts in fiscal 2016, according to the Office of Enforcement’s 10th annual report.
PJM Market Monitor’s Q3 Report Finds Markets Competitive
The PJM Market Monitor reported that capacity and regulation market results were “generally competitive” in the first 9 months of 2016, but remain vulnerable to stress.
FERC OKs Local Market Power Measures for CAISO
FERC has approved CAISO’s plan to fine-tune its procedure for preventing generators from exercising local market power during transmission constraints.

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