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October 13, 2024

Energy Market

Skeptics Question CAISO Plan to Lower Bid Floor
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 OKs CAISO Energy Storage Rules
FERC approved rule changes to improve the ability of energy storage resources to participate in CAISO markets.
Heeding Stakeholders, PJM Reduces Proposed Fuel-Cost Penalties
PJM removed capacity-deficiency and administrative penalties it had proposed for its fuel-cost policy rules; offering a single formula-based one to FERC.
Generators Balk at PJM Proposal on Fuel-Cost Policies
Stakeholders continue to react coolly to PJM's proposed rules for generator fuel-cost policies, saying they are more punitive than incentivizing.
Monitor: PJM Markets Competitive, but Have Room for Improvement
PJM’s Market Monitor made new recommendations for the energy, capacity and ancillary services markets in its 2nd quarter State of the Market Report.
PJM Market Implementation Committee Briefs
The PJM Market Implementation Committee discussed rules for releasing excess capacity, a plan to “un-nest” operating parameters and spot-in transmission from NYISO.
ERCOT Board of Directors Briefs
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.
ISO-NE Ordered to Justify Cost of Winter Reliability Program
FERC ordered ISO-NE to provide it more information to prove that the 2013-14 winter reliability program resulted in just and reasonable rates.
UPDATE: ERCOT Surpasses 70,000 MW, Sets Six Hourly Peak Demand Records
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 Charts Course for External Resource Participation in EIM
CAISO last week began work on a plan to extend external resource participation in the western Energy Imbalance Market (EIM).

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