Energy Market
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The direction FERC takes during President-elect Donald Trump’s second term is up in the air, but the commission may spend some of its time attempting to cut costs to consumers.
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CAISO’s launch of the Extended Day-Ahead Market will not spell the end of a Western real-time-only offering from the ISO, according to CEO Elliot Mainzer.
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PJM stakeholders have endorsed changes to accounting of demand response in load forecasts, among other actions.
NYISO
Two initiatives that have bedeviled discussion at NYISO committees in the last few weeks of the year reared their heads again at the final Budget Priorities Working Group meeting of the year.
MISO
Facing proliferating load additions, MISO has begun developing in-house long-term load forecasts after years of relying on outside help to form load outlooks.
Kevin Dooley, CC BY-SA-2.0, via Wikimedia Commons
On the surface, CAISO’s Extended Day-Ahead Market and SPP’s Markets+ will take similar approaches to accounting for greenhouse gas emissions — but important differences remain.
Bonneville Power Administration
The Bonneville Power Administration continued to argue that SPP’s Markets+ is preferable to CAISO’s EDAM, stating in a letter to Seattle City Light that potential benefits of a single West-wide market footprint must be viewed with “significant skepticism."
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The four U.S. senators representing Oregon and Washington contend BPA has failed to make a financial case for joining Markets+, a condition they say should be the key driver of the agency’s decision to participate in a Western day-ahead market.
LADWP
The Los Angeles Board of Water and Power Commissioners gave the go-ahead for LADWP to join CAISO’s EDAM, in a move expected to increase the utility’s annual net revenue by almost $40 million.
Shutterstock
MISO said it will leave the 10-year-old guiding principles for its market design untouched after it conducted a check-in with stakeholders to gauge whether they are still valid in a rapidly changing industry.
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