market to market (M2M)
A new FERC report adds to the growing body of work showing the complexity of confronting the seams issues likely to arise between the West’s two day-ahead markets when compared with challenges at the borders between RTOs and ISOs in the Eastern U.S.
MISO said all four recommendations in the Independent Market Monitor’s 2024 State of the Market Report are likely viable.
SPP state regulators have approved a policy that sets criteria for developing joint transmission projects with other RTOs to cost-effectively address persistent market-to-market (M2M) congestion.
MISO’s Independent Market Monitor has released four new market improvement recommendations concerning transmission congestion, the Midwest-South transmission link, market-to-market coordination and price settlements after grid devastation.
MISO is seeking judicial review of two FERC decisions preventing the RTO from recouping costs or revising a joint procedure with SPP over a shared North Dakota transmission line that has become congested by a new cryptocurrency mining facility.
FERC again decided that neither MISO nor Montana-Dakota Utilities are entitled to recourse over a MISO-SPP flowgate in North Dakota strained by a cryptocurrency mining facility.
MISO and SPP staff told stakeholders that they will not perform a Coordinated System Plan in 2025 but will accept transmission issues for their annual review early in the year.
MISO wants FERC to reconsider its decision to let a jointly managed flowgate with SPP stand, with the RTO arguing the North Dakota cryptomining facility burdening the line is SPP’s responsibility alone.
FERC dismissed separate complaints from MISO and Montana-Dakota Utilities Co. over a MISO-SPP flowgate chronically stressed by a North Dakota cryptocurrency mining operation.
MISO has registered a separate complaint with FERC to retract market-to-market coordination with SPP on a contentious flowgate persistently taxed by a North Dakota cryptocurrency mining operation.
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