State of the Market report
NYISO needs to improve shortage pricing and create smaller capacity zones, the ISO’s market monitoring unit reports in its 2022 State of the Market report.
SPP members and its board have embraced an advisory group’s report on a fast-approach future grid and directing work to address the group’s recommendations.
FERC released its State of the Market report, which showed some of the highest natural gas and power prices in years.
Average PJM LMPs doubled to a record-high $80/MWh last year, driven mostly by coal and natural gas prices, the RTO’s Independent Market Monitor reported.
MISO said it “largely agrees” with the five new market recommendations issued by its Independent Market Monitor this year.
PJM's real-time LMPs and congestion costs both spiked in the first half of 2022, driven by increasing fuel prices and loads, the IMM reported.
SPP’s Western Energy Imbalance Service market saw “very limited growth” in its first 13 months, SPP’s MMU said in its first annual report on the market.
MISO is evaluating new recommendations from its Market Monitor that include transmission reconfiguration plans, reducing out-of-market commitments and more.
MISO's board may be coming around to the idea of using a sloped demand curve to price capacity as the RTO confronts the possibility of resource shortages.
PJM responded to its Market Monitor’s latest recommendations, noting that many of the issues are in the scope of current stakeholder discussions.
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