Energy Market
ERCOT CEO Pablo Vegas has gone public with the grid operator’s internal terminology that is shaping the market’s path forward, defining it for his Board of Directors and stakeholders.
CAISO dismissed Powerex’s contention that the ISO only recently has “revealed” that participation in its EDAM is voluntary at the balancing authority level but not voluntary for “individual customers” operating within the BA participating in the market.
ISO-NE and stakeholders discussed market performance, capacity auction reforms, the RTO’s 2026 budget and asset condition spending at the summer meeting of the NEPOOL Participants Committee.
Committee business included a quick-fix package to expand the definition of dual-fuel generation in the Reliability Assurance Agreement to include generation capable of running on a backup fuel type with off-site storage and dedicated delivery.
MISO Midwest entered emergency status during the RTO’s first serious heat wave of the summer.
FERC accepted SPP's tariff revisions to its Western Energy Imbalance Service market that allow market holds for reliability-based concerns when requested by a balancing authority.
The formation of two competing day-ahead markets will create seams across the West, but at least one utility representative is more worried about seams resulting from the fracture of CAISO’s real-time Western Energy Imbalance Market.
CAISO's Board of Governors and the Western Energy Markets Governing Body approved a new method for allocating certain congestion revenues in the ISO's Extended Day-Ahead Market, set to launch in 2026
Lazard’s latest analysis of the levelized costs of energy concludes that wind and solar are the least-expensive new-build power generation for the 10th year in a row.
The Members Committee is set to vote on several proposals drafted by PJM and stakeholders to determine how to allocate costs associated with generators required to remain online through DOE’s emergency orders under FPA Section 202(c).
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