Platts Real-time co-optimization of energy and ancillary services would have saved the Electric Reliability Council of Texas $58.5 million when a ramping capacity shortage on January 23 caused real-time prices to hit $9,000/MWh, board members learned Tuesday. During Tuesday’s ERCOT…
Category: Generation
MISO’s inability to manage generation outages a factor in January price spike
Platts The Midcontinent Independent System Operator’s lack of authority to manage resource outages played a big role in the MISO South Region’s maximum generation event and high power prices in January, the independent market monitor said Wednesday. During a meeting…