NYISO market monitor recommends dynamic reserve procurement

Author Jared Anderson

New York — New York Independent System Operator stakeholders June 8 discussed market design improvements that could be focused on in 2021, like increasing energy and ancillary services net revenues for flexible units that would reduce reliance on capacity prices and shift incentives toward retiring older units.

The stakeholders discussed the 2019 State of the Market that recommended various market design improvements including outstanding or continuing recommendations from prior years’ reports as well as new recommendations, Potomac Economics, the …

ANALYSIS: Texas generators dial up gas demand amid summer weather, low prices

Authors J. Robinson, Humza Jamal, Kelsey Hallahan, Kassia Micek

New York — Gas-fired power burn in Texas is trending at a pre-summer record high this week as ERCOT generators dial up the fuel’s market share amid scorching temperatures, flagging wind output and low prices.

On June 5, Texas burns were estimated at over 6.2 Bcf/d – their highest ever for early June. At over 58% of ERCOT generation, the market share for gas is also at its highest in …