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January 12, 2025

RTO Insider

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CAISO
WEIM Q3 Prices Down Despite Increased Loads, CAISO DMM Finds
Prices in CAISO’s WEIM fell sharply in the third quarter of 2024 compared with a year earlier as declining gas costs outweighed the impact of increased summer loads, the DMM found.
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Benefits of Fast-start Pricing Questionable, CAISO DMM Says
Establishing a fast-start pricing mechanism in CAISO and the WEIM is complex and brings few benefits compared to other potential market enhancements, the ISO's Department of Market Monitoring said.
Constellation Energy
UPDATED: Constellation to Acquire Calpine for $29.1B
Constellation Energy Corp. will acquire Calpine Corp. in a deal that will create the largest U.S. fleet of zero- and low-emission power generation.
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OMS Stresses Need for Data Coordination Under Order 2222; MISO Extends DER Task Force
The Organization of MISO States advised MISO that it needs a central data-sharing platform for the participation of DER aggregators in its wholesale market.
Shutterstock
FERC Approves Much Smaller Fine for Total Energy After Lengthy Litigation
FERC approved a diminished settlement with Total Gas & Power North America in a lengthy case, as a recent Supreme Court decision has impacted its enforcement processes.
ISO-NE
NEPOOL Participants Committee Briefs: Jan. 9, 2025
ISO-NE’s total energy market value reached about $1 billion in December — more than double the total value of the market in December 2024 — due to lower temperatures and increased natural gas prices.
Cal Fire
No Grid Impact from LA Fires, CAISO Says
The rapidly spreading brush fires that have devastated multiple communities around Los Angeles are not expected to affect California’s broader transmission grid, CAISO said.
Algonquin Power
LS Power Completes Purchase of Algonquin Power’s Renewables
LS Power closed on its deal to buy Algonquin Power's renewable business, adding thousands of megawatts around North America along with a deep development pipeline of clean energy projects.
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FERC Denies SPP’s Timing Waiver Request
FERC denied SPP’s waiver request to allow the RTO’s interconnection customers without a pending request to ask for interim interconnection service during a period when the study queue cluster’s window is closed.
InvictaHOG, Public Domain, via Wikimedia Commons
NPCC Gas-Electric Study Details Winter Reliability Challenges
A new study from the Northeast Power Coordinating Council outlines some of the major risks that reliance on natural gas generation poses for the New England power system.

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