Markets
NYISO
NYISO’s Business Issues and Operating committees met to discuss and vote on updates to the ISO’s Ancillary Services manual.
CAISO
Batteries may be receiving excessive or inefficient bid cost recovery payments in CAISO, an issue that could be exacerbated by the ISO’s recent move to increase its soft offer cap to allow for higher bids by storage resources.
© RTO Insider LLC
The Bonneville Power Administration is ramping up its engagement with the West-Wide Governance Pathways Initiative, an executive with the federal power agency said.
PJM
The PJM Markets and Reliability Committee will consider proposed revisions to Manual 12 and Manual 13, along with several other agenda items.
MISO
MISO said damage wrought from Hurricane Beryl triggered an overnight electrical island in a Southeastern Texas load pocket.
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PJM’s Market Implementation Committee endorsed by acclamation a proposal to revise two financial inputs to the quadrennial review to reflect changing market conditions, particularly increased interest rates.
© RTO Insider LLC
PJM stakeholders presented several proposals to revise how energy efficiency resources are measured and verified to the Market Implementation Committee.
WECC
SPP attempted to allay concerns about its ability to dispatch power among various Western regions during a webinar intended to illustrate its experience with seams management.
NRG
PJM's Operating Committee heard that the transmission upgrades needed to allow the retirement of Indian River Unit 4 could be complete by the end of 2025
© RTO Insider LLC
The West faces a “pivotal” opportunity to develop a fresh approach to managing its electricity markets, one that could update RTO governance to better accommodate the public policy.
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