ISO-NE said last week that stakeholders’ proposed schedule for the Phase 1 reliability and market analyses in the Future Grid Initiative is "aggressive but achievable" if there are no delays or changes in assumptions or scenarios. NEPOOL asked ISO-NE in late December to provide feedback on the stakeholder-developed framework document that outlines the modeling...

NYISO’s Business Issues Committee on Wednesday approved manual revisions related to Tariff revisions submitted to FERC last month. Michelle McLaughlin, senior settlements analyst, presented the revisions to the Revenue Metering Requirements Manual (RM2) and Meter Services Entity Manual. They reflect changes that allow market participants representing day-ahead demand response and...

FERC handed SPP an early Christmas present Wednesday when it approved the RTO’s second version of a tariff for its five-minute Western Energy Imbalance Service (WEIS) market. The commission accepted as just and reasonable the proposed tariff, the Western joint dispatch agreements (WJDAs) executed by eight entities and a charter...

NYISO CEO Rich Dewey told the Management Committee Wednesday that the ISO succeeded in completing many stakeholder processes despite the coronavirus pandemic. "This has been probably one of the most challenging years of any of our professional experience," he said, referring to the challenges of working remotely. He thanked stakeholders...

SPP last week offered stakeholders a deep dive into a Brattle Group analysis of the RTO’s Western regional market that projects $49 million in annual savings for current and new members. According to the study, utilities participating as full RTO members in SPP’s Western Energy Imbalance Service (WEIS) market, scheduled...

ERCOT task forces working on market improvements and integrating energy storage resources (ESRs) brought the results of more than a year’s worth of work to last week’s Technical Advisory Committee, resulting in a "mountain" of change requests for its approval. "We have a skinny upfront update, but a fat appendix,"...

The NYISO Business Issues Committee on Wednesday approved rule changes regarding transmission congestion contracts (TCCs), hybrid storage facilities, and pricing of fast-start resources and ancillary services, along with six manual changes. Reserving Capacity for TCC BoP Auctions The BIC approved the proposed market design for a project to reserve a...

ISO-NE asked FERC on Friday whether it was free to seek its directions on how to improve its fuel security following the commission’s ruling last month rejecting the RTO’s proposed Energy Security Improvements (ESI) market design (ER18-1509, EL18-182, ER20-1567). "The region is at a crossroads with respect to energy security and...

FERC ruled Friday that ISO-NE’s proposed Energy Security Improvements (ESI) market design is "unjust and unreasonable" because it would add substantial costs "without meaningfully improving fuel security" (ER20-1567). ESI would have allowed the RTO to procure energy call options for three new day-ahead ancillary service products to improve the region’s...

ERCOT staff have begun issuing price corrections and resettling 25 operating days affected by two market errors earlier this year. The Board of Directors approved the price corrections earlier this month, as the errors were not caught in time by staff to resettle the operating days on their own. Staff...