Independent Market Monitor (IMM)
MISO last week said its Independent Market Monitor was reasonable with the four market changes he proposed in his 2020 State of the Market report.
PJM requested a rehearing and clarification of FERC’s order to replace its market seller offer cap, arguing that the new construct would prove burdensome.
PJM asked FERC to delay the Dec. 1 capacity auction by almost two months, citing the commission’s recent revision to auction rules.
Energy prices in PJM increased “significantly” in the first half of 2021 compared to 2020, but prices remained lower than historical levels, the IMM reported.
Protesters urged FERC to reject a bid by PJM transmission owners to fund network upgrades and add them to their rate bases.
MISO's proposed seasonal accreditation for capacity resources remains a point of contention among the RTO, its Market Monitor and the stakeholder community.
MISO defended its June 10 decision to call an emergency to access load-modifying resources at last week's Market Subcommittee meeting.
In his annual State of the Market report, MISO’s Monitor said transmission congestion and heightened ramping needs continue to dog the RTO.
ERCOT’s Market Monitor released its annual State of the Market report for 2020, finding that the wholesale market performed competitively in 2020.
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