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November 18, 2024

Energy Market

FERC: Cheap Gas Drove down Electricity Prices in 2015
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.
EBA 2016 Midwest Chapter Annual Meeting
The Clean Power Plan, FERC Order 1000, enforcement and distributed generation were favorite topics at the Energy Bar Association’s Midwest chapter meeting.
SPP Briefs: Wind Records, Canadian Border as POS
SPP continues to set records for wind penetration, nearing ERCOT's national record of 45.14%.
CAISO Tariff Change Would Extend Market to DER
A new CAISO Tariff provision would enable rooftop solar and other small distributed energy resources (DER) to participate in the markets.
Bowring Urges Return to ‘Fundamentals’
The Monitor reported that the PJM energy, capacity, regulation, synchronized reserve and FTR markets were all competitive in the 2015 State of the Market.
PJM Market Implementation Committee Briefs
The PJM Market Implementation Committee rejected two proposals that would delay the disclosure of financial transmission rights on March 9, 2016.
FERC Rejects PJM’s Method for Capacity Offer Caps
FERC ordered PJM  to change its method of calculating capacity market offer caps, saying it was inconsistent with its practice in the energy market.
MISO Market Subcommittee Briefs
A roundup of news from the MISO Market Subcommittee meeting on March 1, 2016.
MISO: Energy Storage Could Work into Existing Market Structure Next Year
MISO could have a limited set of market rules for energy storage as early as 2017.
FERC Eliminates Intertie Convergence Bids in CAISO
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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