Market Monitor Blog
Your home for commercial electricity and natural gas market news—covering market factors like supply, demand, regulatory affairs, weather, and more.
FERC Okays ISO-NE “Pay-For-Performance” Plan, But Objections Remain
The Federal Energy Regulatory Commission handed ISO-New England a significant victory by accepting most of its pay-for-performance proposal, but the decision has encountered criticism from stakeholders who urged FERC to reconsider its approval of what one called a “Franken-tariff.” On May 30, the… Read more
With New Generation Coming, ERCOT Confident Of Summer Reserves
As the dog days of summer begin to settle in, ERCOT is optimistic it will have the reserves necessary to handle a cooling season that’s expected to be milder than it has been in recent years. Read more
Court Again Rejects FERC’s Effort To Allot Cost Of Power Lines In PJM
A federal appeals court for the second time rejected the Federal Energy Regulatory Commission’s attempt to allot the cost of high-voltage power lines in the Mid-Atlantic and Midwest. The court ruled 2-1 that FERC has failed to provide justification for why utilities in the western portion of PJM’s footprint… Read more
New NYISO Report Identifies Challenges And Opportunities Facing Grid
New York’s electric power grid is on the threshold of significant change, and collaborative efforts are needed among industry participants and policymakers to address the associated challenges and opportunities, according to a new report from NYISO. The report, “Power Trends 2014: Evolution of the Grid,”… Read more
Tips to prepare for hurricane season
Hurricane season is upon us once again. Review these tips from ERCOT to help ensure you have a hurricane preparedness plan in place. Read more
Brattle Report: Natural Gas, Renewables To Dominate ERCOT Market
Natural gas and renewable energy will continue to dominate the ERCOT market over the next 20 years, while adoption of expanded energy efficiency and demand response programs could reduce 40 to 50 percent of projected peak demand growth across the system, according to a new report from the Brattle Group.… Read more
FERC Denies Request For Rehearing On NYISO Capacity Zone
The Federal Energy Regulatory Commission ruled that it would not grant a full rehearing of the new capacity zone issue in the mid- and lower Hudson Valley. Both Central Hudson Gas & Electric and the New York State Public Service Commission had petitioned the U.S. Court of Appeals seeking two actions,… Read more
Renewable Energy Grows 12 Percent In ERCOT
More power from Texas’ wind farms and solar installations is getting to consumers, according to a new report from ERCOT. In 2013, the renewable power sector saw its output rise by more than 4 MWh, the largest increase in four years. That amounted to a 12 percent increase over the previous year. At the… Read more
Oil-Fired Generation Plummets In New England
The amount of electricity generated by oil in New England during April fell by more than 4,000 percent from March, as natural gas-fired generation rose by 1,200 GWh per month, according to new ISO-New England data. Oil-fired power plants were relied upon more than usual this winter because the region… Read more
Natural Gas Share Of ERCOT Generating Mix Increases
Natural gas’ share of the ERCOT generation mix made gains in April as nuclear’s share dropped, data from the grid operator showed. Energy consumption across the ERCOT footprint totaled 23.94 million MWh in April, compared with 23.34 million MWh in April 2013, a 2.6 percent increase. Coal-fired facilities… Read more