Market Monitor Blog
Your home for commercial electricity and natural gas market news—covering market factors like supply, demand, regulatory affairs, weather, and more.
ERCOT Delays Release Of Report On Summer Capacity, Demand And Reserves
The ERCOT board decided to delay the December release of an annual report that updates the state’s electric supply outlook for the summer after criticism from Public Utility Commissioner Ken Anderson. ERCOT normally issues its Capacity, Demand and Reserves (CDR) report in early December to give the market… Read more
ISO-NE Sees No Demand Growth Over Next 10 Years
Average electric demand in New England is expected to remain flat over the next 10 years due to increased use of energy efficiency programs, ISO-New England said. “When the effects of energy efficiency are included, the forecast shows essentially no long-run growth in electric energy use and 0.9 percent… Read more
FERC Accepts ISO-NE Proposal To Change Definition Of Shortage Event
The Federal Energy Regulatory Commission accepted ISO-New England’s proposal to change what constitutes a shortage event under the grid operator’s capacity market rules. The definition is being expanded to include any deficiency of 30-minute operating reserves for 30 or more minutes. The proposals also… Read more
ERCOT Says Texas Has Enough Power For Winter And Spring
ERCOT said it expects to have sufficient power supplies to serve consumer needs during the upcoming winter and spring. The Texas grid operator forecasts winter peak demand to remain below 50,000 MW, adding that about 74,000 MW of power resources will be available in the winter months. ERCOT experienced… Read more
ERCOT Looks To Overhaul Power Forecasting Methods
Figuring out how much power Texas is going to need a decade into the future has never been easy. It relies on estimates, projections, predictions, expected trends, economic forecasts – none of which can be determined with absolute certainty. Read more
Natural Gas’ Share Of Generation Mix Dips Slightly In ERCOT
Natural gas’ share of ERCOT’s generation mix slipped in September, but continued to lead energy usage across the state, according to the latest data. ERCOT’s 2013 Demand and Energy by Month report shows consumption across the grid operator’s footprint totaled 31.2 million MWh in September, compared… Read more
Largest Coal-Fired Plant In New England To Close By 2017
Owners of the Brayton Point Power Station in Somerset, Mass., the largest coal-burning pant in New England, filed papers indicating the plant will no longer provide power to the region’s electricity grid when it is retired in May 2017. The decision to retire the plant came just months after the station… Read more
FERC Okays ISO-NE Reliability Auction, With Conditions
The Federal Energy Regulatory Commission conditionally accepted the results of the auction ISO-New England ran to fill its Winter Reliability Program. FERC had previously accepted the program itself. The new order called for a compliance filing in 15 days and conditionally accepted the results of the… Read more
FERC Approves, Delays PJM Filing On Demand Response
The Federal Energy Regulatory Commission wants to get more information on a proposal from PJM that would require demand response that is bid into the capacity market to come with firmer information. FERC accepted and suspended PJM’s filing for five months to become effective either with another order… Read more
FERC Approves New Contract Between PJM, Independent Market Monitor
The Federal Energy Regulatory Commission approved a new contract between PJM and its independent market monitor, Joseph Bowring's firm Monitoring Analytics. The current deal expires in July and the RTO had considered opening up the position for bidding. But many comment filers, including state regulators,… Read more