Energy Market
Ontario's IESO successfully launched its nodal market on May 1, reporting few glitches during its rollout.
New amendments to the proposed Pathways bill would include protections against possible attempts by President Donald Trump to influence California energy markets, such as pushing the state to buy coal-fired generation.
ERCOT stakeholders endorsed a protocol change that creates a process to compensate market participants when a constrained management plan or switching instruction trips a generator that otherwise would have stayed online.
Markets+ stakeholders will have little opportunity to ease up in coming months despite a wave of favorable developments for the market.
IESO is scheduled to launch its new nodal market May 1, a change it says will save Ontario $700 million over the next decade through reduced out-of-market payments and increased efficiency.
TURN is finding some success in getting California state lawmakers to address the group’s concerns about what the Trump administration might do if the state moves forward with plans to hand over control of CAISO’s energy markets to an independent regional organization.
MISO said it will debut a new flag system within weeks to give stronger signals to generation owners when their units deviate from their dispatch instructions.
FERC approved SPP’s $150 million funding agreement for Markets+ and the funding mechanisms under which the RTO will finance the implementation phase of the market’s development.
Rapid demand growth within ERCOT was a major point of discussion at the Gulf Coast Power Association's recent Spring Conference.
Two power industry CEOs at the Gulf Coast Power Association’s spring conference offered two different takes on ERCOT load growth over the rest of the decade — and how the sector should deal with a potential doubling of peak demand by 2031.
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