Energy Market
Critics of a proposal to lower the CAISO energy market bid floor questioned its efficacy in solving the ISO’s increasing intervals of oversupply.
FERC approved rule changes to improve the ability of energy storage resources to participate in CAISO markets.
PJM removed capacity-deficiency and administrative penalties it had proposed for its fuel-cost policy rules; offering a single formula-based one to FERC.
Stakeholders continue to react coolly to PJM's proposed rules for generator fuel-cost policies, saying they are more punitive than incentivizing.
PJM’s Market Monitor made new recommendations for the energy, capacity and ancillary services markets in its 2nd quarter State of the Market Report.
The PJM Market Implementation Committee discussed rules for releasing excess capacity, a plan to “un-nest” operating parameters and spot-in transmission from NYISO.
The ERCOT Board of Directors is looking to stakeholders to improve its reliability-must-run (RMR) practices, as the grid operator sees real-time prices fall 26% in the first half of 2016.
FERC ordered ISO-NE to provide it more information to prove that the 2013-14 winter reliability program resulted in just and reasonable rates.
ERCOT broke the 70,000-MW barrier for the first time Monday afternoon, setting a new systemwide hourly peak demand that may not last the week.
CAISO last week began work on a plan to extend external resource participation in the western Energy Imbalance Market (EIM).
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