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July 23, 2024

Market Monitor

PJM Attempting to Usurp Market Mitigation Role, Monitor Says
PJM is trying to usurp the IMM’s authority to regulate fuel-cost policies and consequently increasing market participants’ ability to exercise market power, the Monitor argued in a protest.
Monitor: NYISO Needs Locational Focus, Flexibility — not Forward Capacity Market
A forward capacity market may have worked for PJM and ISO-NE, but it isn’t the solution for NYISO, the Market Monitor told IPPNY’s fall conference.
SPP Briefs
The SPP Market Monitoring Unit filed its 2015 State of the Market report with FERC, saying the Integrated Marketplace’s second year of operation showed “significant maturing.”
Heeding Stakeholders, PJM Reduces Proposed Fuel-Cost Penalties
PJM removed capacity-deficiency and administrative penalties it had proposed for its fuel-cost policy rules; offering a single formula-based one to FERC.
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.
ERCOT Board of Directors Briefs
The ERCOT Board of Directors is looking to stakeholders to improve its reliability-must-run (RMR) practices, as the grid operator sees real-time prices fall 26% in the first half of 2016.
MISO, IMM Reach Compromise on Capacity Auction Design
MISO and its Independent Market Monitor have reconciled their differences and reached a compromise on the RTO's capacity market design.
ERCOT Board OKs Rio Grande Valley Fixes
ERCOT’s Board of Directors unanimously approved two transmission projects intended to ease congestion and reliability concerns in South Texas.
MISO: Auction Design July Filing Doubtful
MISO is unlikely to meet a deadline for filing its auction design with FERC, raising doubts that changes can be implemented for 2017/18.
FERC Ended Audit Without Talking to Key Witness
FERC effectively ended their 13-month inquiry of the SPP audit of MMU's independence without interviewing Oversight Committee Joshua W. Martin III.

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