natural gas prices
FERC released its State of the Market report, which showed some of the highest natural gas and power prices in years.
Soaring natural gas prices in December and January increased CAISO electricity costs by $4 billion, prompting the governor to ask FERC to investigate.
NYISO's Business Issues Committee approved proposed tariff revisions to rules for capacity resource interconnection service (CRIS) expiration and transferring.
While fuel inventories fell during last month’s winter storm, PJM’s Brian Fitzpatrick told the Operating Committee that they are on track to recover.
FERC has accepted a pair of SPP tariff revisions related to generator interconnection procedures and transmission planning.
A surge in U.S. LNG exports is driving up domestic natural gas prices and contributing to uncertainty about the reliability of the grid as winter begins.
The PJM Operating Committee has endorsed the winter weekly reserve target values, which are used to coordinate planned outages scheduled during winter.
FERC staff said the grid seems well positioned to weather the cold months. However, rising demand is expected to drive gas prices higher than last year’s.
ISO-NE is proposing changes to its winter fuel security plan to answer a court order and account for the swirling global natural gas markets.
NYISO foresees having adequate generating capacity margins for normal weather conditions this summer, without emergency operating actions.
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