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July 2, 2024

Markets

Bridgepoint Group
FERC Rejects Bridgepoint-ECP Deal for Failing to Disclose Common Owner
FERC denied a merger proposal in which Bridgepoint tried to buy a 19.9% stake in Energy Capital Partners, saying it did so without prejudice because the first firm failed to disclose its relationship with a third – Blue Owl.
Constellation Energy Corp
Hydrogen Getting Resource-specific Rules in NYISO Markets
NYISO initiated steps toward integrating hydrogen into its market, aiming for technology-agnostic rules to foster clean energy innovation.
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Nev. Regulators to Weigh Approaches to RTO Membership

NV Energy and several stakeholder groups have weighed in on how Nevada regulators should evaluate a request from the utility to join a day-ahead market or RTO.

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NARUC Looks at How to Manage New Large Loads
The power industry is facing an increasingly delicate balancing act as policies drive some generators to retirement, while major new loads are popping up and making planning more difficult.
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NW Cold Snap Dispute Reflects Divisions over Western Markets

A dispute around the January cold snap that forced Northwest utilities to sharply increase electricity imports to meet surging demand has become a proxy for the broader day-ahead market contest between CAISO and SPP.

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MISO Wants $10K VOLL, a Nearly Threefold Increase
MISO says its extensive analysis shows its current $3,500/MWh value of lost load should be raised to $10,000/MWh.
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MISO: New Capacity Accreditation Filing Imminent
MISO is determined to file with FERC by the end of March to introduce a probabilistic capacity accreditation that’s controversial among its stakeholders.
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Northwest Public Power Group Endorses Markets+ over EDAM
The Public Power Council has asked the Bonneville Power Administration to choose SPP’s Markets+ when the agency issues its day-ahead market “leaning” in April.
Idaho Power
FERC Challenges Market-based Rates for Idaho Power’s Home Territory

FERC threatened to revoke Idaho Power’s market-based rate authority in its home territory, citing the utility’s failure of a key market power test.

CAISO
CAISO Seeks to Address Market Power Mitigation Discrepancy
CAISO staff and stakeholders are looking to address an inconsistency in how the ISO tests for structural market competitiveness inside and outside of its balancing authority area in the Western Energy Imbalance Market.

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