Markets
The PJM Markets and Reliability Committee and Members Committee endorsed a proposal to rework the RTO’s rules around generation deactivations.
Arizona Corporation Commissioner Kevin Thompson said he thinks his state’s four major utilities may have erred in committing to joining SPP’s Markets+ instead of CAISO’s Extended Day-Ahead Market.
Voltus filed a complaint with FERC against MISO, alleging the RTO’s “11th-hour” changes in testing and contract proof requirements ahead of the spring capacity auctions will harm demand response resources and affect rates.
Arizona regulator Nick Myers, chair of the Markets+ State Committee, is drafting a document as part of SPP's compliance filing that better explains the role Western state commissioners will play in the day-ahead market's development and operations.
MISO’s Independent Market Monitor said ramping needs north of 10 GW are becoming increasingly common and MISO should expect challenges ahead as its solar fleet expands.
PJM is in discussions with Pennsylvania Gov. Josh Shapiro to work toward a resolution on his complaint to FERC asking it to lower the price cap of the RTO’s capacity market.
ERCOT’s Technical Advisory Committee held its first meeting of 2025 on Jan. 22, with the biggest chunk of the meeting devoted to discussing the grid operator’s proposed market design framework.
NYISO laid out the timeline for its Capacity Market Structure Review project, which will take up the better part of 2025.
A federal appeals court has brought Michigan’s practice of requiring some amount of locally generated electricity to a standstill, finding fault with local clearing requirements.
Markets+ notched another in a string of successes when the Chelan County Public Utility District in Washington said it will pay its $1 million to $2 million share of funding for the market’s Phase 2 implementation stage.
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