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July 8, 2024

price formation

ERCOT, Regulators Discuss Need for Pricing Rule Changes
ERCOT stakeholders jammed the Public Utility Commission of Texas' (PUCT's) hearing room for the first of several discussions on price-formation issues.
PUCT Workshop to Address ERCOT Market Improvements
The ERCOT energy-only market may not be broken, but stakeholders will discuss some fine-tuning at a PUCT workshop this week.
Day-ahead Prices Going Negative in CAISO
Negative day-ahead prices surged in CAISO during the first quarter stemming from surpluses of solar and hydroelectric output.
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.
PJM Stakeholders Seek Story Behind Dispatch Data
The plethora of dispatch data PJM provides is only useful if the grid operator also explains what it means, stakeholders told RTO staff at a special MIC.
PJM Asked to Explain Day-Ahead Commitment Assumptions
Stakeholders questioned PJM's method for clearing units in its day-ahead auction at a special session of the Markets Implementation Committee.
PJM Stakeholders Explore Price Formation, Seek Transparency
PJM should explain its daily operating decisions in more detail so market participants can better understand price formation and how markets are formed.
FERC
FERC: Let Fast-Start Resources Set Prices
RTOs and ISOs would be required to incorporate fast-start resources into energy and ancillary services pricing under proposed rules approved by FERC.
FERC Issues 1st RTO Price Formation Reforms
RTOs will be required to align their settlement and dispatch intervals under new price formation rules approved by FERC.
MISO Advisory Committee Briefs
The MISO Advisory Committee has narrowed down the list of topics for the first version of its 2016 priorities document.

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