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By Rich Heidorn Jr. FERC last week approved SPP’s proposal to change the way it prices regulation and operating reserves but said the RTO should respond to complaints that it overuses out-of-market procedures to avoid scarcity pricing. The ruling, effective May 11, 2017, finalized a tentative approval granted by FERC...
FERC last week opened a fresh settlement proceeding to determine the fairness of DTE Electric’s decreased revenue requirement for reactive power services, an issue already under scrutiny by the agency (ER17-2465). DTE in April asked the commission to approve an $11 million annual revenue requirement for reactive supply in the...
RENSSELAER, N.Y. — The NYISO Management Committee was briefed Wednesday on the ISO’s strategic planning process, which broadly examines issues the grid operator expects to face over the next five years. “A lot of the issues concern public policy,” Rich Dewey, NYISO executive vice president, said in reviewing the ISO’s...
RENSSELAER, N.Y. — NYISO year-to-date monthly energy prices averaged $35.34/MWh in September, a 3% increase from a year earlier, Michael DeSocio, senior manager for market design, said Wednesday in presenting the ISO’s market operations report to the Business Issues Committee. Locational-based marginal prices (LBMPs) averaged $29.57/MWh for the month, down...
By Rory D. Sweeney Dynegy attorneys undoubtedly thought they were helping their case with FERC by volunteering rate information to expedite the sale of its gas-fired Lee Energy Facility, but the filing instead raised questions that last week prompted the commission to initiate an inquiry into the plant’s reactive service...
By Amanda Durish Cook While MISO is no closer to establishing its version of what constitutes grid “resilience,” the RTO last week said it stands ready to study certain ancillary services to help the U.S. Department of Energy develop its understanding of a concept that is getting increasing industry play...
After two months of significant discussion at various levels of ERCOT’s stakeholder process, the Technical Advisory Committee on Thursday unanimously approved compromise language eliminating the reduction of congestion revenue rights (CRRs), or “deration.” The nodal protocol revision request (NPRR821) eliminates the deration process for resource node-to-hub or load zone CRRs.
WESTBOROUGH, Mass. — ISO-NE’s Planning Advisory Committee on Thursday hashed over technical details from about 95 stakeholder comments regarding the grid operator’s draft 2016 Scenario Analysis – Phase I Report. “Two sets of comments concern carbon emissions and making some judgement on whether the region will meet the [Regional Greenhouse...
By Amanda Durish Cook CARMEL, Ind. — MISO’s preliminary analysis of implementing multi-day unit commitments shows the project may be worthwhile, the RTO said last week. The project would involve MISO publishing multi-day price forecasts and recommended commitments for a week at a time. The RTO’s day-ahead market currently is...