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Pseudo-Tie Proposals Too Complex for Some Stakeholders WILMINGTON, Del. — PJM officials Thursday delayed a vote on its proposed standardized agreements for pseudo-ties, but that didn’t stop complaints from stakeholders who say the rules will be overly burdensome. “From our standpoint, this pseudo-tie business is starting to get out of...
By Rory D. Sweeney VALLEY FORGE, Pa. — It took months to get PJM’s latest stakeholder initiative on the capacity market started, but there is no shortage of interest now that it’s begun. More than 20 stakeholders attended the Capacity Construct/Public Policy Senior Task Force’s second meeting on Monday —...
NEW ORLEANS — In its first-ever current events discussion, the MISO Advisory Committee focused on moving on after the RTO’s failed capacity auction redesign. MISO Executive Director of Market Design Jeff Bladen told the committee on March 22 that the RTO is open to revisiting discussion on another capacity auction...
AUSTIN, Texas — The ERCOT Technical Advisory Committee agreed last week not to pursue a change in how ISO operators commit and dispatch resources, agreeing with a Wholesale Market Subcommittee study that the software changes required would not produce sufficient production cost savings. The TAC then asked the subcommittee to...
Though one director is reaching his term limit, MISO’s nine-member Board of Directors could look the same going into 2018. Directors Thomas Rainwater’s, Paul Bonavia’s and Baljit Dail’s terms expire at the end of 2017. Rainwater and Bonavia have not reached MISO’s limit of three three-year terms, and both agreed...
By Amanda Durish Cook NEW ORLEANS — MISO Independent Market Monitor David Patton last week used PJM’s proposed pro forma pseudo-tie agreement to renew his call for an end to pseudo-ties. On March 9, PJM made a Section 205 filing with FERC to add criteria for accepting pseudo-ties (ER17-1138). PJM...
By Robert Mullin CAISO’s real-time market experienced an uptick in volatility during the fourth quarter of 2016, as five-minute prices at times spiked to well above day-ahead and 15-minute levels on unexpected variability in output from solar resources. On the flip side: Solar generation increasingly sent mid-day prices into negative...
FERC staff have greenlit — perhaps temporarily — PJM’s proposed Tariff revisions to allow increased participation from seasonal resources just in time for the RTO’s Base Residual Auction in May (ER17-367). The order remains subject to refund and further FERC action. The proposals had been on a 60-day clock that...
By Rory D. Sweeney The PJM Board of Managers responded on Monday to accusations leveled by XO Energy in February, defending the grid operator’s practices and denying the up-to-congestion trader’s request that the board disregard rule changes on uplift recently endorsed by stakeholders. In a long and strongly worded letter...
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