Energy Market
CAISO is recommending it implement a Western Power Trading Forum proposal that could help the EDAM track and account for GHG emissions in a way that considers the variety of carbon pricing programs across the West.
Three independent SPP board members providing oversight of the RTO’s Markets+ development in the West have called for policy- and decision-makers to allow the process to “follow its natural course.”
FERC has accepted SPP tariff revisions that allow make-whole payments for incremental energy costs affected by incremental energy offer caps under Order 831, regardless of the resource's reason for commitment.
MISO said it managed a milder summer overall compared to previous years, though it weathered two hurricanes and escalated into emergency warnings during a heat wave.
Proponents of SPP’s Markets+ contend in their latest “issue alert” that the framework provides a much more equitable solution to tackling market seams than under CAISO’s EDAM.
Stakeholder comments filed with the West-Wide Governance Pathways Initiative illustrate the complexity of building the new kind of Western regional organization envisioned by backers of the effort.
NYISO presented its final interim staff recommendations for the demand curve reset for 2025-2029 at the Installed Capacity Working Group’s meeting, with minor updates to some metrics.
SEEM's opponents argued that FERC should recognize the market as a loose power pool and regulate it accordingly.
PJM presented how the planning parameters for the 2026/27 Base Residual Auction affected the variable resource rate curve, which intersects with supply and demand to determine auction clearing prices.
CAISO is reconsidering its proposal to address unwarranted bid cost recovery payments for storage resources following internal analysis that suggested the proposed solution wouldn’t sufficiently address the problem.
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