locational marginal pricing (LMP)
MISO’s real-time energy prices in February 2025 nearly doubled from a year earlier as the footprint saw higher load and gas prices.
The new paper from Powerex is likely to reignite the debate between supporters of CAISO’s Extended Day-Ahead Market and SPP’s Markets+ just as the competition between the two markets approach critical junctures.
MISO reported relatively lower costs and outages in August while it served its annual peak late in the month.
MISO energy prices plunged on record low natural gas prices in March while the RTO managed a comparatively lower, 68-GW average systemwide load.
February held no operational surprises, MISO reported in a monthly market review.
MISO presided over routine operations in June, with an average 81-GW load and diminished wholesale prices.
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.
Tony Clark and Vince Duane question whether the single marginal price construct still works with the increase in low-cost intermittent resources.
Potomac Economics is recommending that NYISO take a comprehensive approach to lowering the costs of satisfying the grid’s needs and improving incentives.
Energy prices in PJM increased by 75.5% in the first quarter of 2022 from a year ago, the Market Monitor reported, driven primarily by higher fuel costs.
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