MISO said its second seasonal capacity auction returned sufficient capacity in all zones except a portion of Missouri, where prices soared to more than $700/MW-day in fall and spring.
The NEPOOL Transmission Committee voted on to approve updates to ISO-NE’s Order 2023 compliance proposal to account for Order 2023-A.
FERC approved CAISO’s request to increase its capacity procurement mechanism soft offer cap from $6.31 per kW-month to $7.34.
Xcel Energy says it expects to incur a financial loss from Texas wildfires that could have a “material adverse effect” on the company’s bottom line.
Entergy’s CEO touched on recent developments on a first quarter earnings call, including the utility’s grid hardening plan for Louisiana.
MISO energy prices plunged on record low natural gas prices in March while the RTO managed a comparatively lower, 68-GW average systemwide load.
Western Resource Adequacy Program participants still strongly support the program despite recently appealing to delay its “binding” penalty phase by one year due to concerns about capacity shortages, WPP's Sarah Edmonds said.
Clean energy groups were unsuccessful with FERC in their challenge of automatic withdrawal penalties in MISO’s interconnection queue.
Compliance auditors at the Texas Reliability Entity urged utilities to think of them not as antagonists looking to get them in trouble, but as allies in the mission of maintaining grid reliability.
EPA announced nearly $1 billion in grants from the Inflation Reduction Act to help cities, states, territories and school districts trade in their diesel-burning heavy-duty trucks and buses for new zero-emission vehicles.