Energy Market
FERC approved MISO’s proposal to bar participants from its market when it identifies evidence of default, manipulation or unreasonable risk.
ISO-NE’s Energy Security Improvements initiative hit a snag when the NEPOOL Markets Committee failed to recommend it to the Participants Committee.
MISO Board of Directors Chair Phyllis Currie reflected on the unprecedented circumstances that converted the RTO’s Board Week into a teleconference format.
The pandemic was such an unprecedented shock to the system that PJM is trying to stop its near-term load forecasting algorithm from using it in modeling.
The tamest winter in recent memory brought no emergencies for MISO, though the RTO’s South region was the subject of three weather-related alerts.
MISO’s weekday loads are looking more like weekends as social distancing measures to lessen COVID-19 cases take hold in more states in the footprint.
SPP‘s Western Energy Imbalance Service executive committee stood up the working group responsible for developing and maintaining the market’s protocols.
The NYISO Business Issues Committee approved Tariff changes on energy storage and load forecast revisions to account for behind-the-meter net generation.
The average load-weighted, real-time LMP in PJM was $27.32/MWh last year, a 28.6% decrease from 2018 and the lowest in the RTO’s 21-year history.
PJM is “confident” it will meet FERC’s deadline for resolving pricing and dispatch misalignment issues in its fast-start pricing proposal.
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