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Stakeholders unanimously endorsed PJM's proposed solution and tariff revisions addressing interconnection construction service agreements.
ERCOT stakeholders have endorsed the first system changes addressing system changes stemming from the winter weather that almost shut down the Texas grid.
FERC accepted NYISO revisions to its ORDC but rejected the supplemental reserves procurement process component.
FERC Chairman Richard Glick says "the time is right for the states, the region’s utilities and other key stakeholders" to form one or more Western RTOs.
FERC and NYISO joined an energy storage developer to discuss New York’s wholesale electricity markets' opportunities and challenges in energy storage.
In his annual State of the Market report, MISO’s Monitor said transmission congestion and heightened ramping needs continue to dog the RTO.
The development of a single RTO covering the U.S. portion of the Western Interconnection could save $2 billion a year in energy costs by 2030, study says.
The Public Utilities Commission of Nevada said a Western market would help alleviate supply shortfalls like those that occurred last August.
FERC provided guidance to Western electricity sellers on how and when to seek exceptions for transactions that exceed the region’s $1,000/MWh soft cap.
MISO execs say long-term transmission and a capacity market redesign are a must in response to rising climate risks and fleet change.
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