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February 16, 2021
The Texas PUC issued a further order on ERCOT pricing, and rescinded its prior directive that past ERCOT prices during the weather event be corrected to reflect scarcity pricing
February 15, 2021
ERCOT issued a market notice (M-C021521-01) the evening of Feb. 15 explaining how ERCOT intends to implement certain directives under the PUC's order reported in our earlier story below
February 15, 2021
Due to the sheer amount of offline generation, outages are not rotating as would be done normally, due to the prioritization of emergency and other critical need loads
February 12, 2021
ISO New England released preliminary clearing prices for its Forward Capacity Market (FCA 15) for the 2024-25 term.
February 12, 2021
The Southeast Energy Exchange Market (SEEM) members have filed with the Federal Energy Regulatory Commission (FERC) for the approval of an automated, intra-hour energy exchange
February 11, 2021
The Electric Reliability Council of Texas (ERCOT) said today that it is expecting record electric use as a result of the extreme cold temperatures that have already reached much of the ERCOT region.
February 2, 2021
The California Independent System Operator (ISO) said that it has signed an implementation agreement with El Paso Electric (EPE) to join the Western Energy Imbalance Market (EIM) in 2023
February 1, 2021
PJM announced that it will host a set of workshop sessions, "to discuss potential capacity market enhancement."
January 28, 2021
ERCOT received a Notification of Suspension of Operations (NSO) for the following Generation Resource: Petra Nova Power I LLC - PNPI_GT2
January 15, 2021
A final report prepared by a consultant for ERCOT estimates a market equilibrium reserve margin (MERM) of 12.25% under projected 2024 market conditions
January 13, 2021
Niagara Mohawk Power Corporation d/b/a National Grid ('National Grid' or the 'Company') petitioned the New York Public Service Commission ('Commission') for approval to dispatch and wholesale market the output from a Company-owned energy storage system ('ESS') project located at National Grid’s East…
January 12, 2021
ERCOT will host a workshop on January 19, 2021 to discuss possible changes to Protocol 3.10.7.2.2, Annual Demand Response Report, and to the Other Binding Document titled "Demand Response Data Definitions and Technical Specifications", which could be in effect for the 2021 Annual Demand Response…
January 11, 2021
The Organization of PJM States, Inc. (OPSI) wrote to PJM's board of managers with a recommendation for "four core principles" concerning resource adequacy and the PJM markets
December 16, 2020
ERCOT today released its December Capacity, Demand and Reserves (CDR) report and said that, "New generation resources, including a significant amount of utility-scale solar, continue to be added to the ERCOT region at a rapid pace, resulting in higher planning reserve margins over the next several…
December 11, 2020
Rodan Energy announced that Ontario's IESO released the results of its Summer Capacity Auction, awarding almost 250 MW of Ontario capacity to Rodan Energy Solutions
December 2, 2020
ERCOT received a Notification of Suspension of Operations (NSO) for the following Generation Resource: Wharton County Generation, LLC – TGF_TGFGT_1
December 2, 2020
A draft report prepared by a consultant for ERCOT estimates a market equilibrium reserve margin of 12.25% under projected 2024 market conditions
December 1, 2020
ERCOT received a Notification of Suspension of Operations (NSO) for the following Resource: Luminant Generation Company LLC - TRSES_UNIT6
November 25, 2020
PJM said in a market notice that, "It has come to our attention that certain Load Serving Entities may have been charged and credited based on incorrect peak load contribution values supplied by Duke going back to January 2019."
November 17, 2020
PJM has posted a staff presentation for the November 19 Markets and Reliability Committee concerning updates to the PJM capacity market Base Residual Auction and incremental auctions, now that FERC has issued orders in all necessary proceedings to resume the auctions
November 17, 2020
The New Jersey BPU has petitioned FERC to vacate a footnote in FERC's recent order on the Minimum Offer Price Rule which discussed the potential exemption (or lack thereof) of the New Jersey's BGS default service auction from the MOPR, as the BPU called the footnote, "non-binding dicta," that…
November 5, 2020
Capitalization, Financial Security Requirements
Staff of the Federal Energy Regulatory Commission (FERC) will convene a technical conference to discuss principles and best practices for credit risk management in organized wholesale electric markets, on February 25-26, 2021
November 5, 2020
The Electric Reliability Council of Texas (ERCOT) said today that it anticipates there will be sufficient installed generating capacity available to serve system-wide forecasted peak demand this winter and in spring 2021.
October 30, 2020
During a Markets & Reliability Committee meeting, PJM staff provided an update on implementation of FERC's recent Minimum Offer Price Rule order, and, in particular, its applicability to state default service auctions for electricity supply
October 26, 2020
A Texas ALJ, in a proposal for decision, would find that ERCOT violated ERCOT Nodal Protocols §§ 4.4.6 and 4.5.1(13) when it issued the resettlement statements forcing DC Energy Texas, LLC and Monterey TX, LLC to pay for point-to-point (PTP) obligations in the day-ahead market (DAM) at prices more…
