Independent Market Monitor (IMM)
ERCOT's Independent Market Monitor’s annual market report recommends resurrecting a multi-interval, real-time design, among other things.
PJM offered a series of suggestions for how it could overhaul its capacity market in the wake of widespread resource failures during last December's winter storm.
PJM proposed creation of a new cost of new entry area for the ComEd zone during discussions about how to account for local factors in calculating net CONE.
The RTO has doubled its synchronized reserve requirement to account for diminished performance since the implementation of the reserve market overhaul.
Consumer advocates, environmental groups and a Maryland lawmaker urged PJM to adopt more transparent decision making processes.
PJM stakeholders provided feedback to the Board of Managers on a potential review of the IMM contract during the Markets and Reliability Committee meeting.
PJM's IMM filed a complaint to FERC alleging that the RTO is in violation of its tariff by not permitting the Monitor to attend Liaison Committee meetings.
PJM stakeholders appeared split over proposals to delay the RTO’s capacity auctions to include market rule changes being considered by the Board of Managers.
Average PJM LMPs doubled to a record-high $80/MWh last year, driven mostly by coal and natural gas prices, the RTO’s Independent Market Monitor reported.
The PJM Markets and Reliability Committee endorsed an RTO proposal to increase the maximum number of bids a single corporate entity can enter into FTR auctions.
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