State of the Market report
While structural issues persist, PJM's markets were competitive in 2017, the RTO's Market Monitor said Thursday contradicting concerns from PJM and some stakeholders that prices are unsustainably low.
CAISO day-ahead prices hit all-time highs for the second time this year during the third quarter, the ISO’s Department of Market Monitoring said.
NYISO third-quarter energy prices fell 16 to 30% versus a year ago due to falling electricity demand and lower natural gas costs according to the ISO’s MMU.
PJM’s markets were competitive in the first nine months of the year, the Independent Market Monitor found in its quarterly State of the Market Report.
MISO “generally” agrees with all nine market improvement recommendations raised by its Independent Market Monitor in its 2016 State of the Market report.
California’s scorching heat pushed CAISO day-ahead energy prices to record highs in the second quarter after market mitigation measures unexpectedly failed.
New York energy markets performed competitively in the second quarter, according to the NYISO Market Monitoring Unit’s State of the Market report.
MISO stakeholders laid out what they think are the top issues the RTO should tackle in the next year.
The MISO IMM gave board members an explanation of the most pressing of the nine new recommendations contained in this year’s State of the Market report.
The MISO Market Monitor still sees room for significant improvement after giving the RTO’s markets a passing grade.
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