Markets
Bonneville Power Administration
The Bonneville Power Administration will delay its decision on choosing between SPP’s Markets+ and CAISO’s Extended Day-Ahead Market until May 2025.
PJM
Consumers and electric distributors in PJM opposed a proposal to revise two financial parameters used to calculate the cost of new entry input to the 2027/28 Base Residual Auction.
Stanford Woods Institute for the Environment
A single Western market is one of the safest bets to address the region’s reliability and cost issues in the face of extreme weather events, proponents of the West-Wide Governance Pathways Initiative said during a panel discussion.
© RTO Insider LLC
The PJM Markets and Reliability Committee voted to eliminate energy efficiency from the capacity construct, adopting a proposal from the Monitor.
MISO
MISO doesn’t believe autumn will prove much trouble for it to tackle, though it faces a capacity shortfall in Missouri.
Bonneville Power Administration
The Bonneville Power Administration will delay its Western day-ahead market choice beyond a scheduled Aug. 29 announcement date and likely will extend the decision-making process into 2025, according to multiple sources.
NYISO
The Analysis Group told NYISO stakeholders it did not recommend any major changes to the annual process for updating the ISO’s gross cost of new entry for generators.
CAISO
A new initiative to streamline and expand bilateral trading in the Western Energy Imbalance Market and Extended Day-Ahead Market has been launched, marking another step toward EDAM implementation.
RWE
Responding to stakeholder pushback, CAISO has extended the timeline of its initiative refining bid cost recovery provisions for storage resources to allow for more discussion.
SEEM
Members of the Southeast Energy Exchange Market argued to FERC that the market is beneficial to customers and should be allowed to continue.
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