State of the Market report
The Integrated Marketplace’s first 12 months of operations provided the highlights for SPP's 2014 State of the Market report.
SPP will soon file a full report on the Integrated Marketplace’s first year of performance, but its most recent quarterly State of the Market report indicates the market expansion hasn’t affected the fundamental dynamics in the region.
PJM also released its response to the Monitor's annual State of the Market Report for last year, as well as its own Annual Report.
Natural gas demand and production both set records in 2014, while gas trading declined for the fourth straight year, FERC reported last week.
Last winter’s cold raised concerns about economic withholding, the PJM Independent Market Monitor said in its annual State of the Market report.
SPP is seeking FERC approval for a revised Tariff that the RTO says will more accurately screen generators for market power abuses.
PJM IMM Joe Bowring said the RTO should exclude generators from participating in drafting cost development guidelines that determine their compensation.
PJM's Market Monitor used his newest State of the Market report to repeat longstanding recommendations and warn stakeholders not to overreact to the winter’s extreme weather.
PJM said last week it agrees with about one-quarter of the recommendations in the Independent Market Monitor’s 2013 State of the Market report.
In its State of the Market report for 2013, the Market Monitor listed several high-priority tasks for the coming year.
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