Search
April 25, 2024
Looking to read the full article? Scroll down and login or sign up today!
Page Reload Scroll Position
FERC Tells PacifiCorp to Refund Premiums
Prices in WECC Soared During Strained Grid Conditions of August 2020
Triple-digit heat strained the Western grid in August 2020, pushing electricity prices to new highs.
Triple-digit heat strained the Western grid in August 2020, pushing electricity prices to new highs. | Shutterstock
Apr 21, 2022 | Hudson Sangree
FERC ordered PacifiCorp to refund premiums it received for sales above WECC's soft price cap of $1,000/MWh during the severe Western heat wave of August 2020.
CAISO/WEIMCaliforniaCompany NewsEnergy Market
Keywords2020 Western heat wavesCalifornia Independent System Operator (CAISO)day-ahead market (DAM)Federal Energy Regulatory Commission (FERC)Intercontinental Exchange (ICE)James DanlyPacifiCorprolling blackoutsWestern Electricity Coordinating Council (WECC)
Hudson Sangree
California Wildfire Liability Plan Faces Skeptics
More From This Author →

We Recommend

1
MISO Reports 123-GW Roster for 2023 Interconnection Queue Cycle
Apr 24, 2024MISOAmanda Durish Cook
2
New Initiative Focuses on Interregional Tx Coordination in the Northeast
Apr 24, 2024ISO-NEJon Lamson
3
ERCOT Board of Directors Briefs: April 22-23, 2024
Apr 24, 2024ERCOTTom Kleckner
4
ERCOT Works to Address Loss of San Antonio Units
Apr 24, 2024ERCOTTom Kleckner
5
Policymakers Chart FERC’s History of Opening the Grid for Competition
Apr 24, 2024FERC & FederalJames Downing

Popular Stories

1
26 Western Entities Signal Continued Support for Markets+
Apr 15, 2024CAISO/WEIMRobert Mullin
2
BPA Staff Recommends Markets+ over EDAM
Apr 4, 2024CAISO/WEIMRobert Mullin
3
Western RTO Group Floats Independence Plan for EDAM, WEIM
Apr 10, 2024CAISO/WEIMRobert Mullin
4
Counterflow: Offshore Wind Backbone Transmission
Apr 14, 2024Generation & FuelsSteve Huntoon
5
Nev. RTO Effort Turns Focus to NV Energy Day-ahead Studies
Apr 7, 2024MarketsElaine Goodman

Industry Gatherings