Energy Market
MISO
MISO experienced an October peak load of 84 GW, which was lower than its 99-GW peak during the same period in 2023.
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The Balancing Authority of Northern California became the third entity to formally join CAISO’s Extended Day-Ahead Market, following PacifiCorp and Portland General Electric.
Salt River Project
The joint announcement by APS, SRP, TEP and UniSource Energy marks a significant win for SPP after a string of victories for CAISO’s competing Extended Day-Ahead Market.
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The PJM Markets and Reliability Committee voted to endorse a proposal to create an expedited process to study some interconnection requests.
Oklahoma Municipal Power Authority
FERC rejected SPP’s proposed tariff revisions to implement a multiday economic commitment process, agreeing with the MMU that it introduces a potential gaming opportunity.
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The Pathways Initiative drew praise from many quarters with the vote to approve its “Step 2” proposal, but it was quickly apparent the development will do little to sway Markets+ supporters.
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The West-Wide Governance Pathways Initiative received a significant financial boost when DOE awarded nearly $1 million to underwrite its efforts to establish a Western “regional organization” to oversee CAISO’s WEIM and EDAM.
ISO-NE
ISO-NE’s regional energy shortfall threshold will rely on a pair of metrics intended to capture the intensity and duration of energy shortfall risks in extreme weather scenarios, the RTO told the NEPOOL Reliability Committee.
Markets+ Joint Authors using CAISO data
CAISO will be inherently compromised in its role as an operator of a deeper Western market because of its conflicting responsibilities as BA within that market, a group of entities that support SPP’s Markets+ argue in their latest “issue alert.”
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The Bonneville Power Administration says following through on its $25 million funding commitment to the development of SPP's Markets+ is simply a matter of preserving choice.
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