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July 3, 2024

Polar Vortex

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.
Illinois Commerce Commission
ICC Rolls out Stricter Rules for Retail Suppliers
The Illinois Commerce Commission issued strengthened consumer protections against the marketing practices of alternative retail electric suppliers.
PJM: Energy Price Formation Addresses DOE NOPR
PJM agrees there is an issue with maintaining reliability, but not the one suggested by the DOE's recent call for price supports for coal and nuclear.
© RTO InsiderFI
New England, SoCal Gas Supplies Top FERC Winter Concerns
Gas supply for New England and Southern California is the top reliability concern for the coming winter, FERC officials said.
UPDATED: Perry Defends Call for Coal, Nuclear Supports
Energy Secretary Rick Perry on Thursday defended his call for supporting struggling coal and nuclear plants: “these resources must be revived, not reviled.”
Perry Defends Call for Coal, Nuclear Supports
Energy Secretary Rick Perry on Thursday defended his call for supporting struggling coal and nuclear plants: “these resources must be revived, not reviled.”
Perry Orders FERC Rescue of Nukes, Coal
Energy Secretary Rick Perry on Friday ordered FERC to rescue at-risk nuclear and coal generation by ensuring they receive “full recovery” of their costs.
MISO Granted Winter Waiver on Offer Cap
FERC has granted MISO a waiver of its $1,000/MWh offer cap for winter, providing the RTO relief before the commission’s RTO/ISO-wide cap takes effect.
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.
MISO Predicts Adequate Winter Reserve Margin
MISO predicts it will have double its required winter reserve margin, due in part to increased north-south transfer capacity and improved emergency pricing.

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