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December 25, 2024

Markets

NYISO
Analysis Group: No Changes to NYISO CONE Method Needed
The Analysis Group told NYISO stakeholders it did not recommend any major changes to the annual process for updating the ISO’s gross cost of new entry for generators.
CAISO
CAISO Kicks Off New Initiative to Streamline Bilateral Trading

A new initiative to streamline and expand bilateral trading in the Western Energy Imbalance Market and Extended Day-Ahead Market has been launched, marking another step toward EDAM implementation.

RWE
CAISO Adjusts Timeline for Storage Bid Cost Recovery Initiative
Responding to stakeholder pushback, CAISO has extended the timeline of its initiative refining bid cost recovery provisions for storage resources to allow for more discussion.
SEEM
SEEM Members Respond to FERC Briefing Request
Members of the Southeast Energy Exchange Market argued to FERC that the market is beneficial to customers and should be allowed to continue.
Talen Energy
Maryland Report Details PJM Cost Increases for Ratepayers
A spike in PJM capacity prices and generator deactivations could increase monthly costs in Maryland by as much as 24% for some. 
SPP
FERC Accepts Changes to SPP’s WEIS Market
FERC accepted SPP’s revisions to its WEIS market tariff related to the residual supply index and ensuring that affiliated market participants’ resources are evaluated together.
Convergent Energy and Power
NYISO Tariff Revisions Include Uncertainty Reserve
NYISO staff presented tariff revisions that may be deployed as early as Q1 of 2026 to account for the uncertainty of wind and solar energy forecasts.
PJM
PJM MRC/MC Preview: Aug. 21, 2024
PJM proposes tightening "know your customer" rules, which require members to provide information to facilitate the due diligence PJM conducts on key decision-making leadership.
© RTO Insider LLC 
SPP Dispels Concerns over Markets+ Deficiency Letter
SPP assuaged potential Markets+ participants that FERC's deficiency filing and other recent developments have not hindered its commitment to Western expansion.
Arizona Public Service
Markets+ Backers Highlight Reliability in 2nd ‘Issue Alert’
The integration of Markets+ with the Western Resource Adequacy Program would be among a handful of key reliability benefits of SPP’s Western day-ahead offering, according to an “issue alert” published by 10 entities that backed development of the market.

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