New York — Energy and capacity market improvements that would improve operating reserve valuation and price power generation capacity based on marginal reliability value have been recommended by the New York Independent System Operator’s market monitoring unit, an executive said Tuesday.…
Month: May 2019
ERCOT to retain scarcity pricing, even if peaker net margin threshold crossed
Houston — The Electric Reliability Council of Texas must continue using scarcity pricing mechanisms after a peaker net margin threshold has been crossed which lowers the systemwide offer cap from $9,000/MWh to $2,000/MWh, Texas regulators ordered Thursday. The Public Utility…