Energy Market
Clean energy advocates mounted new attacks on the Southeast Energy Exchange Market, saying it would offer a fraction of the benefits of an organized market.
According to a report from the External Market Monitor, energy prices and uplift costs in ISO-NE are higher compared to other RTO markets.
Stakeholders unanimously endorsed PJM's proposed solution and tariff revisions addressing interconnection construction service agreements.
FERC Chairman Richard Glick says "the time is right for the states, the region’s utilities and other key stakeholders" to form one or more Western RTOs.
The development of a single RTO covering the U.S. portion of the Western Interconnection could save $2 billion a year in energy costs by 2030, study says.
The Public Utilities Commission of Nevada said a Western market would help alleviate supply shortfalls like those that occurred last August.
FERC provided guidance to Western electricity sellers on how and when to seek exceptions for transactions that exceed the region’s $1,000/MWh soft cap.
The Nevada governor’s office will soon be inviting interested parties to apply for a seat on a new task force that will advise the governor and lawmakers on bringing the state into an RTO. The Regional Transmission Coordination Task Force is the product of Senate Bill 448, a wide ranging energy bill that Gov. Steve …
Continue reading "Many Next Steps to Follow Passage of Nevada Energy Bill"
Cyndy Sims Parr, CC BY-SA 2.0, via Wikimedia Commons
FERC issued a show-cause order to PJM, saying that the RTO’s tariff appeared to allow generators to exercise market power
The MISO Market Subcommittee meeting ran the gamut of storage participation, discovery of a longstanding energy pricing error and FTR underfunding.
Want more? Advanced Search