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November 19, 2024

Markets

CAISO MSC Weighs Summer Market Changes
CAISO’s Market Surveillance Committee has endorsed a set of rule changes designed to avoid shortfalls this summer.
NEPOOL Participants Committee Briefs: March 4, 2021
FERC sent ISO-NE a deficiency notice regarding the RTO’s proposed rule revisions for capacity auction values, the NEPOOL Participants Committee heard.
Overheard at CERAWeek by IHS Markit
The energy industry’s largest international gathering, CERAWeek by IHS Markit, was held virtually with “unprecedented” participation.
Texas PUC Won’t Reprice $16B Error
The Texas PUC declined to reprice $16 billion in market transactions that may have been incorrectly priced during the February winter storm.
ERCOT Board Cuts Ties with Magness
The names of potential successors to ERCOT CEO Bill Magness have already begun to circulate after the grid operator’s Board of Directors fired him.
FERC Approves ISO-NE’s New Method for Calculating DDBT
FERC approved revisions to the ISO-NE tariff on recalculating the dynamic delist bid threshold for the Forward Capacity Auction.
House Oversight Committee Pokes into ERCOT
The U.S. House of Representatives’ principal oversight committee joined the roster of agencies investigating ERCOT following February’s severe winter storm.
SPP Launches Review of Storm Response
SPP is reviewing its response to the recent winter storm that swept through its footprint, leading to the RTO's first rolling blackouts.
ERCOT’s Brazos Electric Declares Bankruptcy
Brazos Electric Power Cooperative filed for Chapter 11 bankruptcy, saying it was unable to pay ERCOT $2.1 billion in unexpected charges.
Revised Stakeholder Amendments on ORTPs Gain Support
The NEPOOL Markets Committee reviewed proposals by ISO-NE and stakeholders to change the offer review trigger prices for renewables.

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