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October 15, 2024

Energy Market

Bowring, Gates’ Consultant Spar over PJM Traders’ Obligations on Loopholes
PJM Market Monitor Joe Bowring had a lively debate with one of the consultants for Powhatan Energy over the “duty” of market participants to self-police against market manipulation.
Ruling Denies Northern States’ Request to Halt Hydro Purchases
FERC denied an application by Northern States Power to terminate its mandatory purchase obligation from Twin Cities Hydro.
PJM Market Monitor Q1 Review: Markets Working but Improvement Needed
PJM also released its response to the Monitor's annual State of the Market Report for last year, as well as its own Annual Report.
ISO-NE VP Ethier: Market Rule Changes Will Slow
Robert Ethier has a dream: A day when ISO-NE no longer needs constant stakeholder meetings to tweak its market rules.
Electric Retailers Lament Obstacles
Electric retailers have made progress in moving away from the cutthroat price competition that shaved margins, but restrictions on billing and metering continue to be challenges.
SPP Members Weigh First Year of Integrated Marketplace
SPP officials and market participants last week celebrated the first year of its Integrated Marketplace, boasting of its on-time, under-budget delivery.
PJM Averts Use of Temporary $1,800/MWh Cost-Based Offer Cap
PJM made it through the winter without having to invoke a temporary cost-based energy offer cap of $1,800/MWh, the Independent Market Monitor reported.
SPP Board Rejects Short-Term Study; Impact on Quick-Start Units Debated
The SPP Board of Directors rejected a recommendation to create a short-term reliability unit commitment study as part of the intra-day RUC process.
Appellate Court Rejects EPA Rule on Back-Up Generators
A federal appeals court Friday threw out the 2013 EPA rule exempting diesel generators providing demand response from air emissions limits.
PJM Members Tighten Lost Opportunity Cost Rules; Tech-Specific Eligibility Retained
PJM stakeholders approved tighter rules on generator lost opportunity costs but rejected a proposal to limit eligibility to the most flexible combustion units.

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