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…
Category: Generation
NYISO gets FERC approval to add energy storage to real-time market settlement rules
Washington — Having received the nod from the Federal Energy Regulatory Commission, New York’s grid operator is moving forward with a proposal to prepare its real-time market settlement rules for the expansion of wholesale market participation by energy storage resources. New…