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October 15, 2024

Energy Market

FERC’s Clark: Energy Markets Need Tweaks, not Overhaul
FERC Commissioner Tony Clark said that the commission has “a sense of urgency” to take action on price formation issues after initiating an inquiry into the subject more than a year ago.
Maxim to FERC: Prosecute or Drop Probe
Maxim Power wants to FERC drop two other allegations or combine them with the original complaint.
MRC/MC Preview
Our summary of the issues scheduled for votes at the PJM MRC and MC on 08/27/15. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.
FERC Reaffirms Rejection of SPP Withholding Test
FERC denied the SPP Market Monitoring Unit’s request for rehearing of a December 2014 order that rejected the Monitor’s use of a market-impact test to track physical withholding.
Northern Pass Opponents Want More of Line Buried
The developer of the Northern Pass transmission line that would bring Canadian hydropower to New England has proposed burying 60 miles of the line through scenic areas of New Hampshire, a change that will force a reduction in its capacity.
PJM Prices Down 31% from Record-Breaking 2014
PJM energy market prices were down almost 40% in the first half of 2015 compared with 2014, while capacity and transmission service charges rose.
NYPSC OKs 7 REV Demos, Rejects 5
The New York Public Service Commission staff has accepted seven proposed demonstration projects for the Reforming the Energy Vision initiative.
PJM Stakeholders Seek ‘Miracle’ to Break Offer Cap Standoff
PJM stakeholders last week launched another bid to change the $1,000/MWh energy offer cap.
EPA Plan Response: Coal Howls, Wind and Solar Crow
EPA's final Clean Power Plan provoked outrage from coal interests, praise from environmentalists and cautious optimism from regulators and grid operators.
Revised Clean Power Plan Allows More Time, Sets Higher Targets
EPA's final Clean Power Plan relaxes some controversial proposals while increasing its target for carbon emission reductions.

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