Energy Reliability and Security Discussion Draft: Critical Electric Infrastructure Security New Federal Authority to Address Grid Security Emergencies Would Be Most Effective by Focusing on Immediate Threats Key Message New federal authority is appropriate to address imminent grid security emergencies, but it is not necessary or appropriate for dealing with grid security vulnerabilities as those […]
Read MoreEPSA Releases Report on Wholesale Power Impacts of Clean Power Plan
Analysis Group Report Identifies Issues and State Options WASHINGTON, D.C. – The Electric Power Supply Association (EPSA) today released a report entitled, “Carbon Control and Competitive Wholesale Markets: Compliance Paths for Efficient Market Outcomes” authored by Susan F. Tierney and Paul J. Hibbard of the Analysis Group. “The report follows up on EPSA’s remarks before […]
Read MoreAnalysis Group Report, Carbon Control and Competitive Wholesale Electricity Markets: Compliance Paths For Efficient Market Outcomes May 2015
Acting under its existing authorities under the Clean Air Act (CAA), the U.S. Environmental Protection Agency (EPA) has been developing proposals designed to reduce carbon dioxide (CO2) emissions from new and existing fossil-fuel power plants in the United States.
Read MoreIndependent Market Monitor Once Again Finds PJM Markets Competitive
For the 16th consecutive year the PJM markets have been found to have produced competitive results for 61 million consumers currently served in 13 states and the District of Columbia. The 510-page 2014 State of the Market Report, released on March 12 by the RTO’s Market Monitoring Unit (MMU), Monitoring Analytics, analyzed extensive data to […]
Read MorePrice Formation in ISOs and RTOs Principles and Improvements – Oct 2014
Susan L. Pope Assessment of concerns about price formation and prompt action to address the underlying problems identified should be an urgent priority for regulators, Independent System Operators (ISOs) and Regional Transmission Organizations (RTOs) in order to preserve and strengthen competitive electricity markets. In the absence of confidence in spot market price signals the structure […]
Read More“The Polar Vortex: Implications for Improving the Efficiency of Wholesale Electricity Spot Market Pricing,” by A. Joseph Cavicchi, Compass Lexecon
Extreme cold weather in early January 2014 provided a stress test for Mid-Atlantic and Northeastern wholesale electricity market designs. Following this unusual polar vortex weather event several important concerns were identified for review and modification.1 Many of these concerns are appropriately associated with ensuring that independent system operators (“ISOs”) have the ability to effectively manage […]
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