Markets
MISO said even a 109-GW peak this winter shouldn’t prove problematic, though a more probable scenario would deliver a 103-GW peak in January.
Calpine, Eugene Water & Electric Board, PGE and PNM joined NV Energy in leaving the Western Resource Adequacy Program, while Idaho Power signaled its continued commitment.
PacifiCorp and Portland General Electric remain on track to join CAISO’s Extended Day-Ahead Market on their planned entry dates, although the schedule remains “very tight and very aggressive."
The West-Wide Governance Pathways Initiative’s Launch Committee Co-Chair Pam Sporborg said the stakeholder process of the new regional organization that will oversee CAISO’s energy markets is an evolution of the ISO’s Regional Issues Forum.
Panelists at S&P Global’s Nodal Trader Conference discussed the impact of demand growth and uncertain load forecasts on markets.
PJM’s Markets and Reliability Committee endorsed by acclamation a proposal to use only cost-based offers for resources committed in advance of the day-ahead energy market.
ERCOT can ensure long-term reliability with its energy-only market, but it must operate its grid less conservatively for that to happen, said Potomac Economics President David Patton.
ISO NE CEO Gordon van Welie talked about the evolving grid in New England and how markets are changing and what the future holds as state policies drive higher demand and increasing decarbonization.
The U.S. Department of Energy approved PJM's request to extend an order allowing Talen Energy to continue operating is oil-fired H.A. Wagner Unit 4 beyond the 438 hours it is permitted to operated each year.
Year-over-year prices rose in MISO to serve a typical September peak.
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