Sharing highlights from the 2017 State of the Market report before GCPA’s Houston chapter, ERCOT Monitor Beth Garza discussed what 2018 has in store.

ERCOT’s Independent Market Monitor released its annual State of the Market report, saying the wholesale market “performed competitively” in 2017.

SPP’s winter real-time prices increased 4.6% from the previous year, according to the Market Monitoring Unit’s latest quarterly State of the Market report.

January’s cold weather resulted in a sharp increase in natural gas and power prices in the first quarter, PJM’s Independent Market Monitor reported.

As they have in the past four years, the trends in natural gas dominated the discussion of FERC’s annual State of the Markets report.

PJM told Market Implementation Committee meeting attendees that it plans to salvage some of its proposal to revise its regulation market that FERC rejected.

While structural issues persist, PJM's markets were competitive in 2017, the RTO's Market Monitor said Thursday contradicting concerns from PJM and some stakeholders that prices are unsustainably low.

CAISO day-ahead prices hit all-time highs for the second time this year during the third quarter, the ISO’s Department of Market Monitoring said.

NYISO third-quarter energy prices fell 16 to 30% versus a year ago due to falling electricity demand and lower natural gas costs according to the ISO’s MMU.

PJM’s markets were competitive in the first nine months of the year, the Independent Market Monitor found in its quarterly State of the Market Report.