Author Mark Watson Houston — PJM’s Synchronized Reserve Market prices were “at or near zero for 19 of 24 hours” during a late-January cold snap, so a federal regulatory filing is planned “to improve how reserve prices are formulated,” which drew…
Author: Rick Ankrum
CERAWeek: ERCOT market reforms prompt leadership watchfulness
Author Mark Watson Houston — The Electric Reliability Council of Texas’ leadership is taking a wait-and-see attitude to whether state regulators’ mandated market reform will provide high enough prices this summer to encourage new dispatchable generation, ERCOT CEO Bill Magness says.…