Markets
FERC approved a MISO proposal requiring owners of load-modifying resources to provide clearly documented commitments regarding their availability before participating in the capacity market.
ISO-NE CEO Gordon van Welie said his concerns about New England’s ability to keep the lights on continue to grow despite enacted market rule changes.
MISO estimates that it delivered between $3.2 billion and $3.9 billion in benefits to its members in 2018.
Two groups petitioned FERC for a declaratory order regarding ISO-NE’s possible attempt to impact the eligibility of energy efficiency capacity resources.
ERCOT CEO Bill Magness told the Board of Directors the grid operator will use favorable budget variances to fund the addition of real-time co-optimization.
NYISO locational-based marginal prices averaged $50.93/MWh in January, up by about 25% from December and down around 50% from the same month a year ago.
The PJM Board of Managers agreed to submit staff’s revised energy price formation proposal for FERC approval, CEO Andy Ott said.
FERC approved an agreement between CAISO and the Salt River Project that establishes the rules governing the utility’s participation in the Western EIM.
PJM would be tasked with updating the testing rules for rarely dispatched DR resources under a problem statement and issue charge presented to members.
PJM’s Operating Committee endorsed manual revisions in spite of FirstEnergy's challenge to the formula for judging primary frequency response performance.
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