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December 22, 2024

State of the Market report

COVID, Storms, Wildfires Roiled Markets in 2020
COVID-19 and record hurricane and wildfire seasons made 2020 “a unique and at times challenging year,” FERC said in its State of the Markets report.
PJM Monitor Sounds Market Power Alarms
PJM’s Monitor sounded alarms about market power in the energy and capacity markets and said it may intervene in the RTO’s next capacity auction.
PJM IMM Warns Against Another Capacity Market Overhaul
PJM's Monitor urged the RTO not to rush into making changes to its capacity market before the approved design is given a chance to succeed.
SPP MMU: Summer Load up 2% in 2020
This summer’s average hourly load in the SPP footprint was 2% higher than the year before, according to the MMU’s quarterly report.
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MISO Concurs with Most 2020 Monitor Recommendations
MISO agrees with nearly all the new recommendations its Monitor issued this year, though executing the ideas may take some time.
NYISO Q2 Energy Prices, Load at 10-Year+ Lows
NYISO energy markets performed competitively in the second quarter, with the pandemic leading to the lowest load and average fuel prices in more than a decade.
PJM Monitor Reports Record-low Energy Prices
PJM energy prices were lower in the first half of 2020 than any first six-month period since the creation of the RTO’s markets in 1999.
SPP Briefs: Week of July 20, 2020
SPP's Western Energy Imbalance Service market is at risk of falling behind schedule because it is still waiting on FERC approval of the standalone Tariff.
PJM Responds to IMM Report
PJM has responded to the Market Monitor’s annual State of the Market Report, highlighting five different areas of focus out of hundreds of recommendations.
NYISO Q1 Energy Prices Hit 11-Year Low
NYISO energy prices sank to 11-year lows during the first quarter, ranging from $15 to $35/MWh, according to the MMU’s State of the Market report.

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