Energy Market
Order 2222 filings have been contentious in every region, including New England.
FERC rejected a request by opponents of the Southeast Energy Exchange Market for a rehearing of proposed changes to the market.
FERC accepted PJM’s compliance filing restoring the historical energy and ancillary services revenue offset used in the RTO’s capacity market.
A Southern Co. official gamely defended the Southeast Energy Exchange Market in a debate at the RE+ Southeast conference with three RTO proponents.
Energy prices in PJM increased by 75.5% in the first quarter of 2022 from a year ago, the Market Monitor reported, driven primarily by higher fuel costs.
Southeast Energy Exchange Market members launched an informational webinar series for participants prior to the start of market trials in late summer.
SPP’s plan to develop a market to compete with CAISO's Western EIM got a boost from utilities and energy customers in the Pacific Northwest.
SPP has filed a request with FERC that the commission take immediate action in a dispute between the RTO and AECI over charges from the February 2021 storm.
The Western EIM took on BPA and Tucson Electric Power as new participants, marking the market’s largest single expansion since its founding.
SPP’s Board of Directors approved the RTO’s fourth competitive transmission project, awarding a $55 million, 345-kV facility to NextEra Energy Transmission.
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