CAISO’s Market Surveillance Committee said the ISO needs to consider implementing scarcity pricing as a way to obtain energy during heat waves and supply shortages.

MISO is once again evaluating the effectiveness of the rules behind its scarcity pricing just three years after shelving a similar effort.

MISO said it continues to weigh changes to its markets and resource adequacy construct as part of its multiyear resource availability and need project.

SPP’s Board of Directors approved the first two revision requests stemming from the Holistic Integrated Tariff Team’s work.

MISO is looking into a forward market mechanism and improvements to its scarcity and emergency pricing under its resource availability and need project.

The Infocast ERCOT Market Summit brought together nearly 300 industry representatives and policymakers to discuss the Texas grid and challenges it faces.

An August energy emergency alert that had SPP one contingency away from shedding load has renewed calls for scarcity pricing to ensure adequate reserves.

The landmark law that deregulated ERCOT’s market and paved the way for electric competition provided the theme for this year’s GCPA fall conference.

Infocast’s Texas Renewable Energy Summit brought in developers, corporate off-takers, cities, municipalities, cooperatives and the financing community.

SPP saw an increase in price spikes and overall prices during October and November thanks to above-normal scarcity pricing.