CAISO
Prices in CAISO’s WEIM fell sharply in the third quarter of 2024 compared with a year earlier as declining gas costs outweighed the impact of increased summer loads, the DMM found.
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Establishing a fast-start pricing mechanism in CAISO and the WEIM is complex and brings few benefits compared to other potential market enhancements, the ISO's Department of Market Monitoring said.
Constellation Energy
Constellation Energy Corp. will acquire Calpine Corp. in a deal that will create the largest U.S. fleet of zero- and low-emission power generation.
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A recent NERC report discussed the potential reliability challenges associated with load loss from data centers.
Hydrostor
The Willow Rock Energy Storage Center is expected to bolster reliability of the California grid with 500 MW/4,000-MWh of long-duration storage.
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The Organization of MISO States advised MISO that it needs a central data-sharing platform for the participation of DER aggregators in its wholesale market.
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FERC approved a diminished settlement with Total Gas & Power North America in a lengthy case, as a recent Supreme Court decision has impacted its enforcement processes.
ISO-NE
ISO-NE’s total energy market value reached about $1 billion in December — more than double the total value of the market in December 2024 — due to lower temperatures and increased natural gas prices.
Cal Fire
The rapidly spreading brush fires that have devastated multiple communities around Los Angeles are not expected to affect California’s broader transmission grid, CAISO said.
Internal Revenue Service
Rules and guidance for the federal Clean Electricity Low-Income Communities Bonus Credit have been finalized and will be published shortly.