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NYISO Further Explores Carbon Pricing in Wholesale Power Markets

NYISO Further Explores Carbon Pricing in Wholesale Power Markets The New York Independent System Operator (NYISO) has released an array of options that it plans to explore to respond to changes in the state’s wholesale electricity markets, including slapping a price on carbon emissions to better incentivize more environmentally friendly options, according to its Power … Continue reading NYISO Further Explores Carbon Pricing in Wholesale Power Markets

States can’t bar efficiency technologies from wholesale electricity markets, FERC rules

States can’t bar efficiency technologies from wholesale electricity markets, FERC rules The decision, responding to a petition from Advanced Energy Economy to clarify the commission’s authority, is seen as a win for advocates of demand management technologies. he Federal Energy Regulatory Commission in a Dec. 1 order, barred states from blocking energy efficiency from competing … Continue reading States can’t bar efficiency technologies from wholesale electricity markets, FERC rules

PJM price formation proposal would dramatically change how prices are set in the RTO

PJM price formation proposal would dramatically change how prices are set in the RTO PJM has engaged in market reforms before. Most recently with the establishment of a capacity performance (CP) product in the wake of the 2014 polar vortex. But PJM’s new price formation proposal goes beyond anything the RTO has attempted in the … Continue reading PJM price formation proposal would dramatically change how prices are set in the RTO

New England ISO targets 2018 for full DR integration into wholesale power market

New England ISO targets 2018 for full DR integration into wholesale power market FERC finalized Order 745 in 2011, and in the ensuing years, the rule survived a series of challenges before finally being upheld by the U.S. Supreme Court. The lengthy court battle only ended just last year, and now wholesale market operators are … Continue reading New England ISO targets 2018 for full DR integration into wholesale power market

The state of wholesale power markets; Principles for managing an evolving power mix

The state of wholesale power markets; Principles for managing an evolving power mix Part 1 of this series discussed how low energy prices and falling revenues are largely caused by surplus capacity, low gas prices, and unwillingness to retire uneconomic plants. Complicated solutions to increase revenue, like the two-part capacity market proposals in PJM and … Continue reading The state of wholesale power markets; Principles for managing an evolving power mix

The state of US wholesale power markets: Is reliability at risk from low prices?

The state of US wholesale power markets: Is reliability at risk from low prices? In early May, the Federal Energy Regulatory Commission’s (FERC) technical conference explored problems in U.S. wholesale markets, specifically how new state policies impact and interact with wholesale power markets in the U.S. The conference included written statements and testimony by dozens … Continue reading The state of US wholesale power markets: Is reliability at risk from low prices?

Wholesale electric markets, and how they could affect your power bill

The Indy Explains: Wholesale electric markets, and how they could affect your power bill As Nevada policy makers continue to grapple with critical questions ahead of a 2018 ballot measure that could fundamentally alter the state’s energy market, a commission is taking up an issue that could have a huge effect on residential power bills: … Continue reading Wholesale electric markets, and how they could affect your power bill