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December 22, 2024

State of the Market report

PJM
PJM Responds to Market Monitor Recommendations
PJM responded to its Market Monitor’s latest recommendations, noting that many of the issues are in the scope of current stakeholder discussions.
Potomac Economics
IMM: ERCOT Conservative Operations ‘Not Compatible’ with Energy-Only Market
In its State of the Market report, ERCOT's Market Monitor said the grid operator's conservative operations approach undermines the energy-only market’s design.
Potomac Economics
NYISO Monitor Proposes Capacity Pricing Overhaul
Potomac Economics is recommending that NYISO take a comprehensive approach to lowering the costs of satisfying the grid’s needs and improving incentives.
PJM
PJM Monitor: LMP Rose to Near Record in Q1
Energy prices in PJM increased by 75.5% in the first quarter of 2022 from a year ago, the Market Monitor reported, driven primarily by higher fuel costs.
© RTO Insider LLC
SPP Board of Directors/Markets Committee Briefs: April 26, 2022
SPP’s Board of Directors approved the RTO’s fourth competitive transmission project, awarding a $55 million, 345-kV facility to NextEra Energy Transmission.
ABB Power Grids Velocity Suite
Higher Prices, Longer Queues Highlight FERC Market Report
Rising natural gas prices and extreme weather pushed wholesale electricity prices higher in 2021, FERC said in its annual State of the Markets report.
Monitoring Analytics
PJM Monitor: Prices, Coal Power Bounced Back in 2021
PJM energy prices last year surged to their highest levels since 2014, more than making up for declines from the pandemic-driven economic downturn in 2020.
SPP
MMU Releases Fall Market Reports for SPP, WEIS
SPP’s MMU is “strongly” recommending that TCRs' funding shortfall be considered a high-priority item, according to its latest quarterly market reports.
Monitoring Analytics
Monitor: PJM Energy Prices Rose in Q3, Still Competitive
PJM’s energy prices continued to rise into the third quarter of 2021, the Independent Market Monitor reported, but they also remained competitive.
APPrO
MISO Says IMM’s Market Recommendations Fair
MISO last week said its Independent Market Monitor was reasonable with the four market changes he proposed in his 2020 State of the Market report.

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