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March 2, 2025

Markets

PJM
PJM PC/TEAC Briefs: Nov. 6, 2024
PJM’s Planning Committee endorsed an issue charge to examine a “disconnect” around risk modeling showing loss of load risk has shifted from summer peaks to the winter and the calculation of zonal capacity emergency transfer limits.
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MISO Moves to Strike Emergency Demand Response
MISO is poised to eliminate its emergency demand response participation option, framing it as a clunky and scarcely used source of emergency assistance.
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MISO Sets Surplus Reserve Margin Requirement for LSEs Opting Out of Capacity Auction
Load-serving entities that decide against participating in MISO’s capacity auction must secure anywhere from 1.5% to 4.2% beyond their reserve margin requirements in the 2025/26 planning year.
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MISO in Agreement with IMM’s State of the Market Recommendations, Work Begins on 1
MISO this year said it generally agrees with the six new market recommendations brought forward in its Independent Market Monitor’s annual State of the Market report and is actively working on one of them.
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BPA Execs Lay out Markets+ Benefits, Risks, Reasons
BPA's biggest risks in joining SPP’s Markets+ come down to footprint size and the limited transmission connectivity between the Northwest and Southwest entities most inclined to join the market, agency executives said.
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Rising Tensions Evident at BPA Day-ahead Markets Workshop
A polite discussion at a BPA day-ahead market participation workshop ended on a testy note as critics of the staff leaning in favor of SPP’s Markets+ urged the agency to rethink its position and consider once again delaying a market decision.
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Trump’s Victory and its Implications for FERC, Power Markets
Change is coming to FERC after Tuesday's election, but the policies the agency oversees are rarely top of mind during campaigns, so it is unclear how much will be different.
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PJM MRC Briefs: Oct. 30, 2024
The PJM Markets and Reliability Committee endorsed two issue charges sponsored by LS Power addressing the transparency and functionality of PJM’s marginal effective load-carrying capability accreditation methodology.
NYISO
New York DPS Recommends New Method for Determining Peak Hours
The New York Department of Public Service presented a proposal for updating the method by which NYISO determines peak load hours to the ISO’s Installed Capacity Working Group.
FERC
FERC Dives into Data Center Co-location Debate at Technical Conference
A common refrain at FERC’s technical conference on the co-location of data centers was that the issue is just part the broader problem of resource adequacy.

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