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October 15, 2024

Energy Market

PJM to Propose Earlier Day-Ahead Schedule
PJM confirmed last week that it will seek to move the deadline for submitting day-ahead offers up 90 minutes, from noon to 10:30 a.m. ET.
SPP Moving to 9:30 Day-Ahead Close
SPP's Markets and Operations Policy Committee will vote this week on a recommendation to move the deadline for day-ahead market offers up 90 minutes to 9:30 a.m. CT.
Regulators, Generators, IMM Seek Changes to PJM Capacity Performance Order
State regulators, consumer advocates, generators and the Independent Market Monitor asked FERC to modify its June 9 order largely approving PJM’s Capacity Performance plan.
PJM Moving on Day-Ahead Schedule Changes
PJM officials said last week they intend to move up the day-ahead energy market schedule despite a lack of consensus among stakeholders.
Monitor at Odds with PJM, Marketer over FTR Forfeiture Rule
PJM's Market Monitor told FERC that proposals by the RTO and a marketer to change the FTR forfeiture rule would weaken protections against market manipulation.
PJM: CFTC Order on SPP Undermines Exemption
Grid operators have asked CFTC to remove language from a draft order that they say could undermine the broad exemptions the commission granted them in 2013.
FERC OKs PJM Revisions on Reactive Power Payments
PJM generating companies that deactivate or transfer ownership of units in their fleet will have to revise their reactive power rates or explain why they have decided not to to FERC.
FERC Upholds ComEd Charge on Energy Storage
FERC rejected a rehearing request on its approval of Commonwealth Edison’s wholesale distribution charge on an energy storage facility.
MISO Monitor Debates Capacity Rules with Board
MISO Market Monitor David Patton called for tighter rules on wayward generators, more precise real-time pricing and a fix for Financial Transmission Rights funding shortfalls.
Duke, ODEC Denied ‘Stranded’ Gas Compensation
FERC rejected requests by two PJM generators seeking the recovery of “stranded” natural gas costs incurred during the polar vortex last year.

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