Industry News
NYISO posts strong real-time LMP (NYC=$888)
Winter storm pushes PJM LMP and Loads above day-ahead (DPL= $391)
As New England freezes, natural gas prices also stay low
By Scott DiSavino, Reuters Posted March 01, 2015, at 11:17 a.m. NEW YORK — What a difference a year makes. Twelve months ago, tumultuous weather in the Northeast caused record natural gas price spikes and forced some power plants to shut for lack of fuel as power producers scrambled to outbid each other for scarce … Continue reading As New England freezes, natural gas prices also stay low
EPA’s Clean Power Plan Threatens To Turn The Lights Out On America
LAURA SHEEHAN | MARCH 3, 2015 The Washington Post profiled Sharon Garcia, a single mom from Pueblo, Colorado, last year who suffers from a state policy that shuttered coal plants in favor of costlier, less reliable fuel sources. Ms. Garcia and her family—emblematic of so many other U.S. families—are forced to live in darkness at … Continue reading EPA’s Clean Power Plan Threatens To Turn The Lights Out On America
MISO announces four improvements
The Midcontinent ISO announced on Sunday several improvements that recently went live to ensure an increased benefit for MISO members and end-use customers. Extended Locational Marginal Pricing: Establishment of Extended Locational Marginal Pricing (ELMP) allows MISO to better ensure that the true cost of energy is represented in the market. Read the full article at ElectricityPolicy.com.
FERC: Resolve PJM-MISO seams issues
March 4, 2015 — The Federal Energy Regulatory Commission last week increased its pressure on PJM and MISO to resolve their longstanding boundary issues. FERC said it was considering taking action “to improve the efficiency of operations” at the RTOs’ seam,according to RTO Insider. Read the full article at RTO Insider.
MISO Board of Directors Markets Committee Briefs – Extended LMP Starts
MISO launched extended locational marginal pricing (ELMP) Sunday, a new calculation method that the RTO says will allow it to better capture fast-start gas turbines and emergency demand response in clearing prices. Read the full article at RTO Insider.
MISO Extended Locational Marginal Pricing
Extended Locational Marginal Pricing reflects the true value of energy, smoothing incremental price spikes and minimizing uplift charges. Read the full article at MISOEnergy.org.
ERCOT sees sufficient generation available to meet spring, summer peak demand
By Paul Ciampoli News Director Seasonal forecasts released March 2 by the Electric Reliability Council of Texas (ERCOT) indicate the region will have sufficient electric generation available to serve expected peak demand requirements in the upcoming spring and summer. Read the full article at Public Power Daily.
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