Markets
Sempra Energy became the third California-based energy company to promise a “three-pronged” cost recovery effort related to wildfires.
APPA CEO Sue Kelly has been railing for years against RTO rules she says are skewed in favor of large transmission and generation owners. As members gathered for their annual Legislative Rally, the group could celebrate recent policy victories on both fronts.
FERC ordered a technical conference to consider whether PJM should move from a year-round to a seasonal capacity market construct.
PJM that its generation fleet performed much better in this New Year’s January cold snap than during the 2014 polar vortex.
Stakeholders remain reticent to cede too much command and control to PJM, voting at the MRC meeting to defer a vote on revisions to Manual 14D.
FERC approved the PJM proposal to reduce by almost 90% the number of bidding locations for virtual transactions.
ERCOT CEO Bill Magness had to revise a slide of his Feb. 20 report to the ISO’s Board of Directors on the fly with the latest record for wind production.
ERCOT stakeholders are once again raising the subject of real-time co-optimization, with the Independent Market Monitor in strong support.
CAISO’s fourth quarter was beset by 15-minute market energy shortages and a significant shortfall in CRR auction revenues, the ISO’s Market Monitor said.
FERC approved an uncontested settlement to raise ISO-NE’s peak energy rent adjustment, resolving the issues the commission set for hearing.
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