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First-quarter electricity prices in CAISO markets were down sharply from the same period in 2023, despite sharp spikes during the January cold snap in the Pacific Northwest, the ISO’s Department of Market Monitoring said.
ISO-NE is not planning to pursue the development of simultaneously clearing seasonal capacity auctions as part of its capacity auction reform project.
FERC continues to fiddle with the return on equity MISO transmission owners can earn, this time setting the base amount at 9.98% while once again eradicating the risk premium model from the calculation.
Markets+ proponents argue that the SPP framework allows more flexibility for integrating greenhouse gas emission reduction programs across various states than CAISO’s EDAM.
Although it’s largely compliant with the directives of FERC’s Order 1920 on regional transmission planning, MISO intends to seek a yearlong extension of the June 2025 compliance deadline.
FERC acted on rehearing requests for Order 1977, finalizing the rules it will follow under limited backstop siting authority for transmission lines.
As the growth in battery capacity is accelerating, the new milestone is one-quarter of the way to the state’s projected need of 52 GW of battery storage capacity by 2045.
The Supreme Court turned down industry and state efforts to slap a stay on the EPA's new rules aimed at cutting carbon emissions at U.S. power plants burning fossil fuels.
A recently filed proposal by ISO-NE to increase the collateral requirements for generators with capacity supply obligations has received strong pushback from the New England Power Generators Association.
FERC Order 1920 eventually may provide a structure for long-term, interregional transmission planning, but its anticipated yearslong implementation could mean states will have to lead in planning nearer-term transmission needs, according to a report from the American Council on Renewable Energy and The Brattle Group.
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