Markets
Office of Gov. Gavin Newsom
California Gov. Gavin Newsom renewed his call for lawmakers to pass a bill to authorize CAISO to relinquish governance of its electricity markets and allow it and the state’s utilities to participate in a new “regional organization” designed to oversee a West-wide market.
Green America
Green America launched a campaign to hold big tech to its clean energy promises as the shift to building data centers has led to higher emissions from the sector in the 2020s.
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The Markets and Reliability Committee rejected three proposals to revise aspects of PJM’s effective load-carrying capability accreditation model.
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FERC approved CAISO's Western Energy Imbalance Market implementation agreement with Imperial Irrigation District.
IESO
IESO officials say they are shifting from correcting implementation problems to seeking structural improvements in their nodal market.
CAISO
CAISO staff showed how the grid operator plans to implement certain parts of its Extended Day-Ahead Market, with stakeholders asking for more time to comment on what they said crossed into potential policy revisions.
Ben Schumin, CC BY-SA-2.0, via Wikimedia
NYISO has proposed to stop using “winter to summer” and “summer to winter” ratios to determine maximum clearing and reference point prices in its seasonal demand curves.
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The Oregon Department of Energy’s new draft energy strategy points to the importance of new transmission development and expanding electricity markets for meeting the state's energy goals.
Shutterstock
NYISO shared a detailed analysis of New York’s late June heat wave, in which significant operating reserve shortages elevated energy prices.
LS Power
FERC partly granted a complaint from LS Power challenging the calculation of opportunity cost adders, requiring operating agreement revisions.
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