Markets
CAISO dismissed Powerex’s contention that the ISO only recently has “revealed” that participation in its EDAM is voluntary at the balancing authority level but not voluntary for “individual customers” operating within the BA participating in the market.
ISO-NE and stakeholders discussed market performance, capacity auction reforms, the RTO’s 2026 budget and asset condition spending at the summer meeting of the NEPOOL Participants Committee.
The PJM Board of Managers is pursuing an approach that would spread the cost of continuing to operate Constellation Energy’s Eddystone Generating Station to all PJM consumers.
Tenaska Power Services and the Texas Public Utility Commission have reached settlementin which the company will pay a $353,500 penalty and disgorge $28.24 million in excess revenue made in the ERCOT market
Committee business included a quick-fix package to expand the definition of dual-fuel generation in the Reliability Assurance Agreement to include generation capable of running on a backup fuel type with off-site storage and dedicated delivery.
MISO Midwest entered emergency status during the RTO’s first serious heat wave of the summer.
PJM's Markets and Reliability Committee discussed a problem statement and issue charge brought by Pennsylvania Gov. Josh Shapiro to open a discussion on establishing a sub-annual capacity market design.
FERC approved a PJM proposal to revise the penalty rate for resources that are unable to meet their capacity obligation due to a decrease to their accreditation.
FERC accepted SPP's tariff revisions to its Western Energy Imbalance Service market that allow market holds for reliability-based concerns when requested by a balancing authority.
The formation of two competing day-ahead markets will create seams across the West, but at least one utility representative is more worried about seams resulting from the fracture of CAISO’s real-time Western Energy Imbalance Market.
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