Markets
TURN is finding some success in getting California state lawmakers to address the group’s concerns about what the Trump administration might do if the state moves forward with plans to hand over control of CAISO’s energy markets to an independent regional organization.
MISO said it will debut a new flag system within weeks to give stronger signals to generation owners when their units deviate from their dispatch instructions.
FERC’s approval of SPP’s Markets+ funding agreement and its recovery mechanism came as backers of the Western centralized day-ahead market were meeting with the snow-capped Rockies as a backdrop.
FERC approved SPP’s $150 million funding agreement for Markets+ and the funding mechanisms under which the RTO will finance the implementation phase of the market’s development.
FERC approved a PJM proposal to limit capacity prices to between $175 and $325/MW-day for the next two Base Residual Auctions, resolving a complaint from Pennsylvania Gov. Josh Shapiro.
A California senate committee voted unanimously in favor of the Pathways bill, bringing the Golden State closer to allowing CAISO to cede oversight of its energy markets to an independent RO.
Columnist Peter Kelly-Detwiler writes about the explosion of data center load requests and the enormous risks to utilities and ratepayers of overbuilding assets.
The committees are expected to vote on manual revisions and hear a proposal to rework how resources providing black start service are compensated.
Rapid demand growth within ERCOT was a major point of discussion at the Gulf Coast Power Association's recent Spring Conference.
Two power industry CEOs at the Gulf Coast Power Association’s spring conference offered two different takes on ERCOT load growth over the rest of the decade — and how the sector should deal with a potential doubling of peak demand by 2031.
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