Markets
After a surge in Q1, CAISO prices fell in the second quarter based on lower prices for natural gas and increased output from wind, hydroelectric and solar.
PJM staff unveiled a new capacity market proposal at a special session of the Markets and Reliability Committee: the Resource-specific Carve Out, or ReCO.
FERC has denied requests to shut down debate on whether PJM’s Capacity Performance construct should make room for seasonal resources.
PJM would have to implement programs adhering to specific rules and strict oversight in order to include summer demand response in its load forecasts.
The New England Power Pool (NEPOOL) Markets Committee debated ISO-NE’s proposals for conducting fuel security reliability reviews.
Chris Hendrix, Walmart’s director of markets and compliance, talked to RTO Insider about his company recently joining SPP.
The NYISO BIC voted to approve a revised charter for the state’s IPPTF, the group exploring how to incorporate the cost of CO2 emissions into their markets.
PJM asked FERC to delay next year’s Base Residual Auction to provide it more time to respond to the commission requiring changes to capacity market rules.
The Market Implementation Committee overwhelmingly endorsed PJM’s proposal for revising how it calculates the balancing ratio.
The PUCT issued requests for comments on real-time co-optimization and incorporating marginal losses into dispatch decisions.
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