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November 24, 2024

Independent Market Monitor (IMM)

ERCOT
ERCOT Monitor Recommends New Market Design in Report
ERCOT's Independent Market Monitor’s annual market report recommends resurrecting a multi-interval, real-time design, among other things.
© RTO Insider LLC
PJM Presents Lessons Learned from Elliott, More CIFP Presentations
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.
© RTO Insider LLC
PJM MIC Briefs: May 10, 2023
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.
© RTO Insider LLC
PJM OC Briefs: May 11, 2023
The RTO has doubled its synchronized reserve requirement to account for diminished performance since the implementation of the reserve market overhaul.
© RTO Insider LLC
Public Interest, Environmental Groups Urge Transparency at PJM
Consumer advocates, environmental groups and a Maryland lawmaker urged PJM to adopt more transparent decision making processes.
© RTO Insider LLC
PJM Stakeholders Discuss Monitor Contract Review
PJM stakeholders provided feedback to the Board of Managers on a potential review of the IMM contract during the Markets and Reliability Committee meeting.
© RTO Insider LLC
Monitor Seeks Access to PJM Liaison Committee Meetings
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.
© RTO Insider LLC
PJM Stakeholders Debate Capacity Auction Delays
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.
Monitoring Analytics
PJM Monitor: Rise in Fuel Costs Led to Record-high Prices in 2022
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.
© RTO Insider LLC
PJM MRC/MC Briefs: Feb. 23, 2023
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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