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December 22, 2024

State of the Market report

ERCOT
ERCOT Monitor Recommends New Market Design in Report
ERCOT's Independent Market Monitor’s annual market report recommends resurrecting a multi-interval, real-time design, among other things.
Potomac Economics
NYISO MMU Calls for Improved Shortage Pricing, More Capacity Zones
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.
© RTO Insider LLC
SPP Board/Members Committee Briefs: April 25, 2023
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.
© RTO Insider LLC
FERC State of the Markets Report Shows High Energy Prices for 2022
FERC released its State of the Market report, which showed some of the highest natural gas and power prices in years.
Monitoring Analytics
PJM Monitor: Rise in Fuel Costs Led to Record-high Prices in 2022
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
MISO Simpatico with Monitor’s 2022 Market Recommendations
MISO said it “largely agrees” with the five new market recommendations issued by its Independent Market Monitor this year.
IMM Report Notes Rising Fuel, Congestion Costs in PJM
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
SPP Monitor: Impacts of WEIS in Year 1 ‘Limited’
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
MISO Monitor Prescribes 5 New Fixes in Annual Market Report
MISO is evaluating new recommendations from its Market Monitor that include transmission reconfiguration plans, reducing out-of-market commitments and more.
Potomac Economics
MISO Warming to Patton’s Sloped Demand Curve
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.

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