MISO’s Independent Market Monitor said the recently uncovered, eight-year-old repeat error in the RTO’s capacity market that caused a $280 million impact in this year’s auction alone is unfortunate but insisted the resulting prices were efficient.
FERC has approved SPP’s tariff revision that establishes separate planning reserve margins for the summer and winter seasons, saying it will provide “more granularity” by recognizing the reliability differences between the two seasons.
Increased demand flexibility could significantly reduce production costs, capital costs, and transmission costs in New England by better-aligning load with generation and reducing peak loads, ISO-NE said.
CAISO is asking the California Public Utilities Commission to consider issuing a new procurement order to meet the region’s electricity reliability needs from 2028-2032, citing significant forecasted load growth in those years.
Matthew T. Rader, CC BY-SA 4.0, via Wikimedia Commons
IESO is changing how it projects renewable generation output and its accounting for imports and planned loads in the forecasts it uses to manage generator and transmission outages.
Four environmental nonprofits insist MISO’s recently approved capacity accreditation is incomplete unless the RTO details how it will conduct its loss of load modeling the new approach relies upon.
FERC accepted a second compliance filing from SPP outlining its process for determining its planning reserve margin with an order that found the RTO’s response met the commission’s directives.
NYISO released the first draft of its 2024 Reliability Needs Assessment showing a capacity deficiency in New York City beginning in 2033 and proposing to declare a reliability need for its zone.
