NERC’s 2024 Summer Reliability Assessment found that every region has met its reserve margin targets but that many areas would face difficult operations in lengthy, widespread heat waves.
FERC granted Nevada Power an exemption simplifying the NV Energy subsidiary’s filing of its triennial updated market power analysis.
BPA’s choice of a day-ahead market will not be driven by concerns about the impact of the seams that would divide the two markets proposed for the West, an agency official made clear.
CAISO officials are optimistic about the grid’s performance this summer, as the system has added 4.5 GW of nameplate capacity since September with another 4.5 GW on the way.
Lack of visibility into the contract and availability status of the fleet is causing “inefficiencies” in CAISO’s capacity procurement mechanism process, staff and stakeholders said.
SPP says its stakeholder-driven culture is key to Markets+' success in the Western Interconnection.
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.
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.