Energy Market
On-peak day-ahead electricity prices in the U.S. were down 27 to 35% in 2015 due to cheap natural gas, FERC staff said in its State of the Markets report.
The Clean Power Plan, FERC Order 1000, enforcement and distributed generation were favorite topics at the Energy Bar Association’s Midwest chapter meeting.
SPP continues to set records for wind penetration, nearing ERCOT's national record of 45.14%.
A new CAISO Tariff provision would enable rooftop solar and other small distributed energy resources (DER) to participate in the markets.
The Monitor reported that the PJM energy, capacity, regulation, synchronized reserve and FTR markets were all competitive in the 2015 State of the Market.
The PJM Market Implementation Committee rejected two proposals that would delay the disclosure of financial transmission rights on March 9, 2016.
FERC ordered PJM to change its method of calculating capacity market offer caps, saying it was inconsistent with its practice in the energy market.
A roundup of news from the MISO Market Subcommittee meeting on March 1, 2016.
MISO could have a limited set of market rules for energy storage as early as 2017.
FERC approved a request by CAISO to eliminate from its Tariff a provision establishing convergence bidding at scheduling points on the interties into Ca.
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