Markets
ERCOT stakeholders advanced a protocol change that provides longer-duration ancillary services and state-of-charge parameters, among several other voting items, during their last TAC meeting.
Outgoing FERC Chair Mark Christie and former Colorado Gov. Bill Ritter both emphasized that the West controls the future of the Western interconnection, not Washington.
Ontario’s nodal market is showing promise one month after its launch, with improved price certainty, increased day-ahead trading and LMPs reflecting expected congestion patterns, IESO officials say.
Many stakeholders are now supporting CAISO’s proposed new method for allocating congestion revenues in EDAM after months of workshops and multiple proposals.
As NYISO conducts its Capacity Market Structure Review, its Market Monitoring Unit and FTI Consulting say it should reject the idea of bifurcated pricing.
The panel of SPP board members overseeing the development of Markets+ has approved the governance transition plan for the construction phase of the day-ahead market.
The West-Wide Governance Pathways Initiative’s Launch Committee estimates it will cost about $7.1 million to launch the independent regional organization that eventually will oversee energy markets in the West.
FERC will hold a two-day technical conference June 4-5, where it will look at resource adequacy issues in the ISO/RTO markets, with most of the focus on those with capacity markets.
The duck curve has landed in New England, not the sunniest of places, but it and California are by no means the only grids that will be greatly affected, says columnist Peter Kelly-Detwiler.
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