CAISO’s EDAM clinched a set of wins when FERC approved the market’s revised congestion revenue allocation model and authorized participation for the EDAM’s first two members — PacifiCorp and Portland General Electric.
ERCOT stakeholders, while raising concerns over the grid operator’s use of conservative operations, have endorsed staff’s recommendations for computing minimum ancillary service quantities for 2026.
After months of negotiations, the author of the California legislation needed to transform CAISO’s market into an independent regional energy market for the West is confident the state legislature will have a bill to vote on before the session wraps up
PJM's IMM is pushing for limits on NRG after it completes its deal with LS Power to prevent its exercise of market power, but the firm argues they are unneeded and the Monitor has failed to show its math
The addition of 3,500 MW of offshore wind capacity would have reduced ISO-NE energy market costs by about $400 million over the past winter, according to a recent study by Daymark Energy Advisors.
California Gov. Gavin Newsom renewed his call for lawmakers to pass a bill to authorize CAISO to relinquish governance of its electricity markets and allow it and the state’s utilities to participate in a new “regional organization” designed to oversee a West-wide market.
CAISO staff showed how the grid operator plans to implement certain parts of its Extended Day-Ahead Market, with stakeholders asking for more time to comment on what they said crossed into potential policy revisions.