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May 21, 2024

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RWE
CAISO Moves for Expedited Change to Soft Offer Cap
CAISO is proposing to raise the soft offer cap in its market from $1,000/MWh to $2,000 to accommodate the bidding needs of battery storage and hydro resources in time for operations this summer.
NYISO
NYISO Reports Adequate Capacity for Summer, but Heat Waves a Concern
NYISO sad it expects enough capacity to serve peak load this summer under normal conditions, but hotter-than-expected weather could lead it to resort to emergency procedures.
Texas RE
Texas RE: Resources’ Weatherization a Success
The Texas Reliability Entity says its latest regional assessment indicates weatherization activities since the disastrous February 2021 winter storm have paid off.
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NY Energy Storage Industry Seeks Faster Path Forward
The promise of doing well for both the environment and the economy and the obstacles to doing so were highlighted as the 2024 edition of New York’s energy storage industry conference opened.
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OMS RA Summit: Scarcity to Persist, Load Growth Debatable
There’s no going back on waning capacity in MISO, panelists agreed at a gathering of state regulators, though predictions of escalating load growth have some skeptical.
NERC
NERC Summer Assessment Sees Some Risk in Extreme Heat Waves
NERC’s 2024 Summer Reliability Assessment found that every region has met its reserve margin targets but that many areas would face difficult operations in lengthy, widespread heat waves.
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ISO-NE Provides Update on Potential New Resource Adequacy Metric
ISO-NE outlined its current thinking on a potential Regional Energy Shortfall Threshold at the NEPOOL Reliability Committee.
Admin Monitor
ERCOT Proposes ‘Multi-metric’ Approach for Reliability Standard
Three years after a deadly winter storm nearly imploded the ERCOT grid, stakeholders in the Texas market are working on a reliability standard that may be stricter than industry norms.
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ASE: Energy Transition Must Put Demand-side Efficiency, Flexibility First
A new Berkeley Lab report finds that a combination of aggressive demand and supply side measures could slash greenhouse gas emissions in the building sector 91% below 2005 levels by 2050.
PJM
Consumer Advocates, Environmentalists Urge Holistic Thinking at PJM
The Public Interest and Environmental Organization User Group discussed generation deactivations, filing rights over regional planning and long-term transmission projects with the PJM Board of Managers.

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