Energy Market
Stakeholders representing load may oppose efforts to change PJM’s $1,000 per MWh offer cap, despite a frigid winter in which high gas prices forced the RTO to obtain temporary waivers from the limit.
A mere typo cascaded into incorrect prices and quantities in the PJM day-ahead market solution last Thursday.
Natural gas production and demand hit new records in 2013, and futures prices suggest the trend may continue this year, FERC said, FERC said in their 2013 state of the markets presentation.
In its State of the Market report for 2013, the Market Monitor listed several high-priority tasks for the coming year.
Statistical highlights of the Market Monitor's 2013 State of the Market report.
The PJM 2013 State of the Market was, to quote that noted economist Yogi Berra, mostly “déjà vu all over again.”
The scheduling tool that would be used to optimize power trading between PJM and NYISO is accurate within $5/MWh more than two-thirds of the time, according to a new analysis provided to members last week.
The CFTC has begun regular information-sharing with FERC after several years of wrangling and pressure from the U.S. Senate.
January's record-setting cold pushed PJM’s load-weighted LMP to $126.80, more than three times the price in January 2012.
In a highly unusual move, PJM members Thursday balked at endorsing proposed manual changes governing when Economic demand response qualifies for payment.
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