Energy Market
CAISO’s first-quarter benefits report offers another footnote to the debate over the market’s role in the response to the January deep freeze that brought parts of the Northwest to the brink of rolling blackouts.
Although PacifiCorp formally committed to joining CAISO’s Extended Day-Ahead Market, the utility is still voicing concerns about a competing day-ahead market, SPP’s Markets+, in a FERC filing.
Utility staff charged with managing real-time operations will be equipped to deal with the seams between two Western day-ahead markets, but the situation will be far from ideal, Western state energy officials heard at the CREPC-WIRAB spring conference.
The PJM Markets and Reliability Committee delayed voting on a proposal to establish a multi-scenario long-term transmission planning process to allow stakeholders to see what action FERC may take on regional planning.
Backers of the West-Wide Governance Pathways Initiative say they want to move quickly on first part of their proposed plan to shift CAISO’s governance to an independent entity.
PacifiCorp said it will sign an implementation agreement to join CAISO’s EDAM, making it the first entity to formally commit to either of the two day-ahead markets being offered in the West.
MISO energy prices plunged on record low natural gas prices in March while the RTO managed a comparatively lower, 68-GW average systemwide load.
FERC has worked to restructure the power industry for nearly three decades, and is poised to take another major step forward on that front with the transmission rule next month, panelists said on a Americans for a Clean Energy Grid webinar.
ERCOT says recent changes to the calculations used to determine ERCOT contingency reserve service have resulted in smaller quantities of the product this year and stalled the need for further modifications.
Reps from two groups that blocked past efforts to “regionalize” CAISO predict success for an upcoming campaign to change California law to allow the ISO to participate in an independent RTO.
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