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December 26, 2024

Independent Market Monitor (IMM)

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PJM Stakeholders Endorse Elimination of EE Participation in Capacity Market
The PJM Markets and Reliability Committee voted to eliminate energy efficiency from the capacity construct, adopting a proposal from the Monitor.
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Stakeholders Endorse PJM EE Measurement and Verification Proposal
The Market Implementation Committee endorsed a PJM proposal to revise how the capacity offered by energy efficiency resources is measured and verified, rejecting competing proposals from EE providers and the Monitor.
MISO
MISO Closing in on Final, $25B LRTP; Monitor Repeats Reservations
MISO’s $25 billion, mostly 765-kV long-range transmission package for the Midwest region is nearing finalization, while the Independent Market Monitor continues to doubt the necessity of the projects.
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PJM Hears Proposals to Redesign EE Participation in Capacity Market
PJM stakeholders presented several proposals to revise how energy efficiency resources are measured and verified to the Market Implementation Committee.
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MISO Monitor Spotlights Congestion Fixes, Market Mismatches in 2023
MISO’s Independent Market Monitor debuted six new market recommendations this year as part of his annual State of the Market report.
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PJM MIC Briefs: June 5, 2024
PJM’s Market Implementation Committee endorsed by acclamation a proposal to add two energy market parameters for economic demand response.
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Monitor Alleges EE Resources Ineligible to Participate in PJM Capacity Market
PJM's Independent Market Monitor filed a complaint asking FERC to reject all energy efficiency offers into the RTO's capacity market, alleging none of them meet the Base Residual Auction participation requirements.
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MISO IMM Knocks LRTP Benefit Calculations; RTO Poised to Add More Projects
MISO’s Independent Market Monitor continues to cast doubt on the theoretical benefits estimates of the second long-range transmission projects as the RTO intends to add more projects to the already $17 billion to $23 billion portfolio.
PJM
Following Court Ruling, FERC Reluctantly Reverses PJM Post-BRA Change
FERC partially reversed a 2023 order allowing PJM to modify a parameter for the 2024/25 Base Residual Auction to avoid a substantial increase in capacity prices in the DPL South transmission zone.
NRG
PJM Monitor and Consumers Protest Indian River Compensation Settlement
The Maryland Office of Peoples Counsel and PJM's IMM urge FERC to reject a compensation plan for NRG keeping a portion of its Indian River coal plant open under a reliability contract.

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