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November 20, 2024

Energy Market

Stakeholders Preview Offer-Cap Debate
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.
Missing Zero Produces Illusory Locational Marginal Prices
A mere typo cascaded into incorrect prices and quantities in the PJM day-ahead market solution last Thursday.
Gas Drives News in FERC State of the Markets
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.
UPDATE — State of the Market: PJM Passes, with Provisos
In its State of the Market report for 2013, the Market Monitor listed several high-priority tasks for the coming year.
PJM 2013 by the Numbers
Statistical highlights of the Market Monitor's 2013 State of the Market report.
State of the Market: PJM Passes, with Provisos
The PJM 2013 State of the Market was, to quote that noted economist Yogi Berra, mostly “déjà vu all over again.”
PJM Price Forecasts: Close Enough for Power Trading?
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.
CFTC Giving Trader Data to FERC; Turf Issues Remain
The CFTC has begun regular information-sharing with FERC after several years of wrangling and pressure from the U.S. Senate.
January Cold Almost Off the Charts
January's record-setting cold pushed PJM’s load-weighted LMP to $126.80, more than three times the price in January 2012.
Manual Change on DR Compensation Rejected; 3 Others OK’d
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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