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November 20, 2024

Energy Market

PJM Cuts Voltage, Dispatches DR in Arctic Blast: UPDATE
PJM operators dispatched demand response this morning after cutting voltages and calling on spinning reserves last night as frigid temperatures stressed generators and created record loads across the RTO.
PJM Offers New Methods for Downloading Data
PJM began offering new ways to download energy price data from the PJM website with the introduction of a “data miner” application.
Retirements to Boost Prices $3 – $11/MWh: Study
Looming coal retirements will boost on-peak energy prices in eastern PJM by at least $3/MWh -- with a jump of as much as $11/MWh in the first five years  -- according to a newly-released study.
Fuel-Specific GHG Rules Could Cut Costs
The cost of complying with upcoming ghg rules will depend on the role of energy efficiency and the choice of “blended” or fuel-specific emission standards, speakers told a high-profile forum in Washington.
Members OK DR Dispatch Rules after Late Amendments
Members approved a proposal giving PJM more flexibility in the way it dispatches demand response, clearing the way for a FERC filing.
Sounds of Silence as Monitor Solicits Feedback
No one spoke up when Market Monitor Joe Bowring opened the floor to stakeholders in the Monitor's annual Advisory Committee meeting Friday. But Bowring and his staff took the opportunity to renew their case for eliminating “sham” scheduling and changing PJM rules on opportunity costs.
MIC to Consider Real-Time Pricing Changes
The Market Implementation Committee will consider changes to PJM’s real-time pricing mechanism, which RTO officials say is depressing energy and reserve prices.
PJM: Change Real-Time Pricing
PJM proposed a change in its real-time pricing mechanism, saying the current methodology is depressing energy and reserve prices.
Exelon to Close Generating Plants if No Rebound Next Year
Facing continued skepticism from Wall Street, Exelon Corp. says it will begin shutting down unprofitable power plants if energy prices don't rebound within a year.
Notification, Startup Rules to Take Effect Sept. 26
Generator start and notification rules will be implemented in eMKT beginning Sept. 26, PJM told the Market Implementation Committee last week.

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