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May 9, 2024

Energy Market

ERCOT
ERCOT Technical Advisory Committee Briefs: April 15, 2024
ERCOT says recent changes to the calculations used to determine ERCOT contingency reserve service have resulted in smaller quantities of the product this year and stalled the need for further modifications.
West-Wide Governance Pathways Initiative
Past Opponents Now See Legislative Pathway to CAISO Regionalization
Reps from two groups that blocked past efforts to “regionalize” CAISO predict success for an upcoming campaign to change California law to allow the ISO to participate in an independent RTO.
West-Wide Governance Pathways Initiative
Pathways Initiative Rejected for $800K in DOE Funding
The West-Wide Governance Pathways Initiative applied for the money in January in response to a DOE Funding Opportunity Announcement, seeking two tranches of $400,000 each to be disbursed over two years to help support the effort build an independent Western RTO.
WECC
26 Western Entities Signal Continued Support for Markets+
More than two dozen Western electricity sector entities sent a letter to SPP expressing support for the continued development of the RTO’s Markets+, which is competing for participants with CAISO’s Extended Day-Ahead Market. 
West-Wide Governance Pathways Initiative
Western RTO Group Floats Independence Plan for EDAM, WEIM
Backers of an initiative to create an independent Western RTO that builds on CAISO’s markets have floated a plan to untangle the snag that’s hung up past efforts to “regionalize” the ISO: a lack of independent governance.
Brattle Group
Nev. RTO Effort Turns Focus to NV Energy Day-ahead Studies
A key factor in the CAISO EDAM advantage is the benefits the utility would lose by leaving the Western Energy Imbalance Market, a Brattle Group consultant said.
© RTO Insider LLC
BPA Staff Recommends Markets+ over EDAM
The Bonneville Power Administration released a much anticipated staff report that tentatively recommends the agency choose SPP’s Markets+ over CAISO’s Extended Day-Ahead Market.
MISO
Feb. Market Ops Prove no Trouble for MISO
February held no operational surprises, MISO reported in a monthly market review.
Oklahoma Municipal Power Authority
SPP’s Proposed Capacity Accreditation Methods Draw Protests at FERC
SPP’s effort to impose capacity accreditation methodologies for thermal and renewable resources has drawn protests from public-interest and clean-energy groups at FERC.
Siena College
NYISO Management Committee Briefs: March 27, 2024
The NYISO Management Committee approved tariff revisions for co-located storage resources and capacity accreditation models, reviewed annual satisfaction survey results, and received updates on board compensation and Order 2023.

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