Energy and Environmental Economics (E3)
New Jersey Gov. Phil Murphy and the Board of Public Utilities are pushing ahead with ambitious clean energy plans even as they face the reality of President-elect Donald Trump, a fierce skeptic of clean energy, taking office.
The Bonneville Power Administration continued to argue that SPP’s Markets+ is preferable to CAISO’s EDAM, stating in a letter to Seattle City Light that potential benefits of a single West-wide market footprint must be viewed with “significant skepticism."
The four U.S. senators representing Oregon and Washington contend BPA has failed to make a financial case for joining Markets+, a condition they say should be the key driver of the agency’s decision to participate in a Western day-ahead market.
The Texas Public Utility Commission's staff has recommended not moving forward with the proposed performance credit mechanism market design for ERCOT as it is currently designed.
ERCOT stakeholders have approved a pair of protocol changes related to transmission planning as the Texas grid operator continues to grapple with connecting incoming load to its system.
MISO further embraced the industry’s move to chance-based transmission planning by hosting a Probabilistic Planning Symposium at its headquarters.
The Bonneville Power Administration says following through on its $25 million funding commitment to the development of SPP's Markets+ is simply a matter of preserving choice.
BPA’s insistence on favoring joining SPP’s Markets+ over CAISO’s Extended Day Ahead Market is “alarming” and could lead to $221 million in economic advantages going up in smoke, Seattle City Light argued.
BPA should be allowed to decide on a day-ahead market without outside federal interference, a group of Northwest publicly owned utilities that favor SPP’s Markets+ told DOE in a letter.
BPA's biggest risks in joining SPP’s Markets+ come down to footprint size and the limited transmission connectivity between the Northwest and Southwest entities most inclined to join the market, agency executives said.
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