State of the Market report
The Market Monitoring Unit said that even though all-in prices were slightly down, NYISO energy costs generally were up by 4 to 26% in most areas.
MISO this year said it generally agrees with the six new market recommendations brought forward in its Independent Market Monitor’s annual State of the Market report and is actively working on one of them.
MISO’s Independent Market Monitor debuted six new market recommendations this year as part of his annual State of the Market report.
New York City saw a 221% increase in capacity costs in the first quarter due to the retirement of 600 MW in peaker plants and the increase of more than 300 MW in the local installed capacity requirement.
NEPOOL held its annual summer Participants Committee meeting in New Hampshire during a multiday stretch of extreme heat and high demand on the New England grid.
Average load-weighted electricity prices in PJM fell by around half in 2023, the Independent Market Monitor said in its annual State of the Market Report.
CAISO's Department of Market Monitoring found that limits on WEIM imports last year led to increased transmission congestion in the ISO's markets.
MISO plans to handle four of the five recommendations from the Independent Market Monitor’s State of the Market report, putting on hold a recommendation regarding transmission planning.
MISO IMM David Patton appeared before the Market Subcommittee to again criticize the future resource mix assumptions MISO is using to craft a second long-range transmission plan.
MISO’s IMM debuted five new recommendations as part of his annual State of the Market Report, as multiple suggestions were aimed at maximizing transmission utilization by clamping down on wind-related congestion.
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