Energy Market
The West-Wide Governance Pathways Initiative’s Launch Committee asked CAISO to initiate a stakeholder process to create a funding mechanism for the newly incorporated organization that is slated to assume governance over the ISO’s energy markets.
As the West appears to move toward two separate day-ahead markets, data center developers like Google and clean energy companies are investing with the intent to mitigate seams and ensure operational consistency, panelists at an Advanced Energy United webinar said.
CAISO released its first mandatory report under the California assembly bill that paves the way for an independent regional organization to assume responsibility over the ISO’s energy markets.
Rising electricity prices in New York are driven by the increased cost of gas because of the ongoing Russia-Ukraine War and increased LNG exports, according to a recent policy paper by NYISO.
ERCOT says it leaned on Texas’ 15 mobile generating units and an RMR unit during the state’s first major cold-weather event since 2021’s disastrous Winter Storm Uri.
PJM presented manual revisions to clarify how resources are defined as offline for the purpose of determining whether they are eligible for lost opportunity cost credits.
MISO declared a maximum generation emergency for its Midwest region just after midnight on Jan. 24 as the northern portions of the footprint rode out double-digit negative temperatures.
FERC addressed the ongoing resource adequacy challenges at PJM during its regular meeting, calling for the RTO to get reforms in front of it so they can be approved.
Colorado regulators have declined to reconsider their decision finding that it would be in the public interest for Public Service Company of Colorado to join SPP’s Markets+.
After nine years, MISO will close out its multiphase market platform replacement project, leaving a bulk of unfinished work on its real-time market.
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