day-ahead market (DAM)
After more than six months of operations under its Market Renewal Program, IESO is implementing “non-substantive” rule changes it says will improve clarity and alignment.
PJM’s Markets and Reliability Committee endorsed by acclamation a proposal to use only cost-based offers for resources committed in advance of the day-ahead energy market.
IESO officials say they are shifting from correcting implementation problems to seeking structural improvements in their nodal market.
Ontario’s nodal market is showing promise one month after its launch, with improved price certainty, increased day-ahead trading and LMPs reflecting expected congestion patterns, IESO officials say.
The move was a big step for IESO, and one of the biggest tweaks to its market design in years.
IESO is scheduled to launch its new nodal market May 1, a change it says will save Ontario $700 million over the next decade through reduced out-of-market payments and increased efficiency.
Yes Energy's Emily Merchant provides answers to some frequently asked questions about IESO's new nodal market.
The Bonneville Power Administration kicked off the last public contract development workshop series under its "Provider of Choice" initiative, allowing stakeholders to provide input on the agency’s long-term power contracts that it will issue later this year.
NYISO stakeholders expressed skepticism of an ISO proposal to levy financial penalties against underperforming generators, saying it was not developed enough to be voted upon by the end of the year.
NYISO CEO Rich Dewey highlighted efficiency improvements and the challenges of the continued electrification at the Jan. 31 MC meeting.
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