Markets
FERC ruled that Shell and Hafslund can not use the costs associated with illegal trading activity during the Western Energy Crisis to offset their refund.
SPP stakeholders approved a 12% planning reserve margin, a new demand curve and 10 revision requests at the Markets and Operations Policy Committee meeting.
Audrey Zibelman, chair of the New York Public Service Commission (NYPSC) since 2013, leaving to lead Australia's largest gas and electricity markets.
FERC proposed regulations intended to reduce uplift costs, allocate it more accurately and increase transparency.
FERC granted a NEPGA complaint that a penalty imposed by ISO-NE during a heat wave proved that a rule intended to punish resource withholding is unjust.
FERC rejected the PJM proposal for revising how it implements its FTR forfeiture rule, ordering the RTO to instead adopt an approach suggested by the IMM.
FERC approved CAISO's agreements to procure frequency response from the Bonneville Power Administration and Seattle City Light.
The Energy Imbalance Market (EIM) experienced a “dramatic uptick” in failed ramping capacity tests in November and December, the CAISO IMM reported.
The CAISO decision to possibly prioritize reforms to its congestion revenue rights auctions in 2017 has provoked mixed reactions from stakeholders.
MISO may retire its Credit Settlements Working Group because of a lack of substantive work and stakeholder volunteers willing to chair the group.
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