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July 23, 2024

locational marginal pricing (LMP)

Lower Energy Prices, Load for MISO in January
Mild temperatures and inexpensive natural gas resulted in a slight load decrease and lower energy prices in MISO in January.
SPP Coal Generation Continues Decline; Wind, Load Records Set
SPP set a new record for wind power generation Friday when the footprint cracked the 12,000-MW threshold for the first time while coal generation declined.
New FERC Rule Will Double RTO Offer Caps
With winter looming, FERC last week adopted a rule that would double the “hard” RTO offer caps for day-ahead and real-time markets to $2,000/MWh.
PJM Market Monitor’s Q3 Report Finds Markets Competitive
The PJM Market Monitor reported that capacity and regulation market results were “generally competitive” in the first 9 months of 2016, but remain vulnerable to stress.
Generators: ‘Unjust’ Rule Cost $100M in New England Heat Wave
The New England Power Generators Association (NEPGA) says a rule meant to prevent withholding of generating resources unfairly cost them $100 million during an August heat wave.
CAISO Kicks off Effort to Track GHGs Under Regionalization
CAISO launched an initiative to develop a greenhouse gas accounting system suitable for an expanded ISO.
Monitor: PJM Markets Competitive, but Have Room for Improvement
PJM’s Market Monitor made new recommendations for the energy, capacity and ancillary services markets in its 2nd quarter State of the Market Report.
PJM Operating Committee Briefs
PJM’s Operating Committee reviewed tightened metering requirements and approved sunsetting the Systems Information Committee, reassigning its responsibilities to the Data Management Subcommittee and the new Tech Change Forum.
PJM Markets and Reliability and Members Committees Briefs
PJM canceled maintenance outages under Capacity Performance rules, stakeholders learned at last week's Markets and Reliability Committee & Members Committee meetings.
MISO Market Subcommittee Briefs
At the Market Subcommittee, MISO announced that next month they'll implement two new offer floors for emergency pricing to alleviate “price depression.”

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