Energy Market
MISO stakeholders were shocked to learn that the RTO needs another few years to allow energy storage to participate in its markets.
PJM’s Monitor sounded alarms about market power in the energy and capacity markets and said it may intervene in the RTO’s next capacity auction.
The Western Energy Imbalance Market approved two CAISO measures and endorsed a third to improve reliability, mitigate capacity shortfalls.
The Senate ENR Committee pressed NERC CEO Jim Robb and PJM CEO Manu Asthana for an explanation of the February winter storm and resulting outages in Texas.
Texas utilities are coming up short on payments to ERCOT, as the state legislature begins considering restructuring the grid operator's governance.
Distributed energy resources will function best in MISO’s markets if aggregations are limited to a single pricing node, RTO officials said.
CAISO’s Market Surveillance Committee has endorsed a set of rule changes designed to avoid shortfalls this summer.
The energy industry’s largest international gathering, CERAWeek by IHS Markit, was held virtually with “unprecedented” participation.
FERC sent ISO-NE a deficiency notice regarding the RTO’s proposed rule revisions for capacity auction values, the NEPOOL Participants Committee heard.
The Texas PUC declined to reprice $16 billion in market transactions that may have been incorrectly priced during the February winter storm.
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