Independent Market Monitor (IMM)
PJM and the Independent Market Monitor presented the Deactivation Enhancement Senior Task Force with two proposals to increase the notification generators seeking deactivation must provide PJM and standardize compensation for those that enter into agreements to continue operating beyond their desired retirement date.
The PJM MRC rejected four proposals to rework how the RTO measures and verifies the capacity EE providers can offer into the market.
MISO’s Independent Market Monitor told the board the RTO must crack down on confirmations to prevent more phony demand response from infiltrating its markets.
Average load-weighted electricity prices in PJM fell by around half in 2023, the Independent Market Monitor said in its annual State of the Market Report.
Jeff McDonald, a 22-year market monitoring veteran with ISO-NE and CAISO, has been hired as director of ERCOT’s Independent Market Monitor.
FERC has rejected two complaints from the West Virginia Public Service Commission and the Independent Market Monitor seeking access to PJM's Liaison Committee.
FERC has rejected a PJM proposal to rework the role of performance penalties in its capacity market and how the associated risks can be reflected in seller offers.
Texas Gov. Greg Abbott has appointed Thomas Gleeson, the Public Utility Commission’s executive director and a 15-year staffer, to chair the PUC.
ERCOT staff and the ISO's Market Monitor have set aside their differences and promised to work together in improving the procurement and deployment of ancillary services.
ERCOT stakeholders have endorsed the grid operator’s proposed ancillary service methodology for 2024, but only after extracting a commitment from staff to bring the proposal back for further review.
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