ISO New England (ISO-NE)
PJM has consistently had among the highest uplift rates among RTOs and ISOs, according to a Federal Energy Regulatory Commission report released last week.
After a record-breaking winter in which it narrowly avoided load shedding, PJM says it is confident it can keep air conditioners running this summer. But forward prices suggests costs may be higher than last year.
A look at how MISO and the Northeast RTOs are planning to cope with winter 2014-15.
PJM wasn’t the only place the winter 2013-14 made its mark in the record books. MISO, the Southwest Power Pool and NYISO all hit all-time winter peaks during January’s polar vortex, while ISO New England came up just short.
PJM announced tonight that it will ask members to pay more than $2 million in defaults by two retail marketers unable to cover high power costs during January’s arctic cold.
The volume and magnitude of changes PJM is attempting to impose on demand response raise the question of whether the high-flying sector is still a growth business or one in retreat.
PJM will reduce the volume of imports that clear in next year’s Base Residual Auction – potentially increasing capacity prices – under methodology approved by the Planning Committee yesterday.
Operators of gas-fired generators could include the costs of ensuring fuel supplies in their energy market offers under changes being considered by PJM.
Six years after RPM’s inception,FERC convened a technical conference last week to ask the question: How’s the capacity market working for you?
PJM may seek to lower the price cap on emergency demand response as a result of their review of the July 14-19 heat wave.
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