Markets
The Los Angeles Board of Water and Power Commissioners gave the go-ahead for LADWP to join CAISO’s EDAM, in a move expected to increase the utility’s annual net revenue by almost $40 million.
FERC has ordered American Efficient to defend its energy efficiency programs in PJM and MISO or pay a $722 million penalty and return $253 million in profits to ratepayers.
The NYISO Business Issues Committee tabled a proposal to levy financial penalties against consistently underperforming generators in the reserve market.
MISO said it will leave the 10-year-old guiding principles for its market design untouched after it conducted a check-in with stakeholders to gauge whether they are still valid in a rapidly changing industry.
To meet the power demand posed by data centers in the Northwest, stakeholders must collaborate to efficiently invest capital and explore controversial solutions like establishing a regional transmission organization in the West, panelists said in a webinar.
Voltus filed a complaint at FERC over MISO's interpretation of a recent rule change that led the grid operator to stop accepting replacements for customers who sign up to provide demand response but retire.
The electric power industry must step up to meet growing power demand and continue to build a system the country needs, said Javier Fernandez, CEO of the Omaha Public Power District. "This is one place where we cannot afford to fail. We cannot afford to delay infrastructure."
MISO expects its in-service solar capacity to grow to 12 GW by the end of winter, a 50% increase over its existing fleet.
FERC approved fines on Sonoran West Solar Holdings for submitting misleading initial state of charge values that led to undue bid cost recovery payments.
The West-Wide Governance Pathways Initiative still grapples with political uncertainties and governance concerns despite efforts to fix those issues, proponents of SPP’s Markets+ contended.
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