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July 22, 2024

Market Monitor

Monitoring Analytics
PJM’s Markets Competitive, Energy Prices Up, Monitor Finds
PJM’s markets were competitive in the first nine months of the year, the Independent Market Monitor found in its quarterly State of the Market Report.
IMM, Consumers Miffed over PJM Plans for Checking Energy Offers
Consumer representatives and the Independent Market Monitor expressed concern at the MRC over PJM’s plans for vetting energy offers exceeding $1,000/MWh.
Consumer Advocates Slam Perry NOPR, RTOs, FERC
Consumer advocates urged Congress to pressure FERC to improve the RTO stakeholder process and reject Energy Secretary Rick Perry’s directive to rescue at-risk coal and nuclear generation.
CAISO
CAISO Monitor Provides Details on Q2 Price Spikes
CAISO’s internal Market Monitor provided more details about the extreme day-ahead price spikes occurring over a three-day period in June.
PJM Market Implementation Committee Briefs: Aug. 9, 2017
PJM stakeholders pressed the RTO to find common ground regarding several changes to Manual 11 in preparation for implementing intraday offers.
PJM Stakeholders See Capacity Auction Flaws, Offer Solutions
The PJM Capacity Construct Public Policy Senior Task Force has been working hard to develop rule changes in time for next year’s capacity auction.
MISO
Monitor Recommends 9 New MISO Market Changes
The MISO Market Monitor still sees room for significant improvement after giving the RTO’s markets a passing grade.
MISO Embraces Monitor’s New Constrained Area Category
MISO proposed creating a new category of narrowly constrained areas (NCAs) identified by momentary congestion and associated market power.
ERCOT Briefs
ERCOT’s wholesale market performed “competitively” in 2016, the ISO’s Independent Market Monitor said in its annual State of the Market report.
NYISO Management Committee Briefs
The NYISO Management Committee discussed the upcoming summer, an annual review of the Market Monitoring Unit and Tariff changes.

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