While some stakeholders are ‘charmed’ by SPP’s market initiative effort, others urge need for deeper tie to CAISO.

The Western Energy Imbalance Market topped $4 billion in cumulative benefits in the second quarter of 2023, just six months after it topped the $3 billion mark.

MISO presided over routine operations in June, with an average 81-GW load and diminished wholesale prices.

Utility regulators from Oregon and California discussed their proposal for a new independent RTO covering the entire West for the first time publicly.

MISO has enacted conservative operations, a hot weather alert and a capacity advisory for its Midwest region ahead of a widespread heat wave set to bake the U.S. this week.

CAISO issued its first energy emergency alert of the summer after falling short on ramping capacity as solar output rolled off its system.  

PJM released a report on the December 2022 winter storm detailing its emergency actions and recommended changes to its markets and operations to limit the impact of future severe weather.

The D.C. Circuit Court of Appeals remanded FERC’s approval of the Southeast Energy Exchange Market back to the commission for additional proceedings.

The competition for organized markets in the West grew Friday as the Bonneville Power Administration launched a process to choose between day-ahead markets proposed by CAISO and SPP and regulators from five Western states urged the establishment of a new, independent RTO covering the entire West.