Energy Market
CAISO focused on CRRs when it served up the latest volley in the ongoing dispute over what played out on the Western grid during the January cold snap that forced Northwest utilities to import high volumes of energy to avoid blackouts.
NYISO’s Market Monitoring Unit, Potomac Economics, presented recommendations for addressing what it calls inefficient market outcomes caused by setting locational capacity requirements based on the transmission security limit.
The CAISO Board of Governors and Western Energy Markets Governing Body passed two proposals that address different issues within Western markets.
MISO, PJM and SPP have failed for years to find a suitable replacement for a 20-year-old system reference they use to portion out flow rights on their system, the so-called freeze date.
FERC granted CAISO a waiver allowing PGE to join the ISO’s Extended Day-Ahead Market a few months beyond the timeline set out in the market’s standard participation agreement.
Pathways released its Step 2 draft proposal for dividing up functions between CAISO and the new “regional organization” that initiative backers are seeking to create to oversee the ISO’s Western real-time and day-ahead markets.
PacifiCorp is poised to realize up to $359 million a year in net benefits from participating in CAISO’s EDAM, nearly double a previous estimate, according to a newly updated study by The Brattle Group.
MISO and the Tennessee Valley Authority are poised to strike an agreement on emergency energy transactions after months of RTO leadership complaining that TVA doesn’t return the favor of energy transfers in times of need.
Stakeholders appear wary of MISO’s proposed, availability-based accreditation it plans to file with FERC by the end of the year for the RTO’s approximately 12 GW of load-modifying resources.
ERCOT stakeholders have endorsed changes to the grid operator's ancillary services methodology as part of the annual process to determine the minimum amount of products that will be procured in 2025.
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