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July 4, 2024

Markets

© RTO Insider LLC
FERC Rebuffs PJM, SPP on FTR Credit Rules

FERC remained dissatisfied with PJM’s and SPP’s FTR credit policies, while ending inquiries into those of CAISO, ISO-NE and NYISO.

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PJM MRC/MC Briefs: Sept. 20, 2023
PJM's Markets and Reliability Committee endorsed issue charges, opening stakeholder discussions on generator deactivation timelines and a potential overhaul of the reserve markets during its Sept. 20 meeting.
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PJM Members Lobby Board Ahead of Expected CIFP Filing
PJM members recommended various avenues for the RTO's Board of Managers to consider as it weighs a possible FERC filing incorporating components of proposals made during the critical issue fast path process.
CrossingLights, CC-BY 4.0, via Wikimedia
FERC Directs J.P. Morgan to Declare Affiliations of Two Holding Firms
FERC issued an order that J.P. Morgan Investment Management qualified as an affiliate of Mankato Companies and IIF US Holding 2, through which it is tied to other firms including El Paso Electric.
NOAA
‘Challenging’ Grid Conditions Led to CAISO’s Summer Emergency Alerts

CAISO’s issuance of energy emergency watches and alerts in July came under conditions that mirrored those during California’s September 2022 heatwave.

 
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Idaho PUC Declines to Join Western RTO Governance Effort

The Idaho Public Utilities Commission last week said it will not join with other state regulators in an initiative to lay the groundwork for an independent RTO designed to serve the entire Western Interconnection.

NYISO
NYISO Business Issues Committee Briefs: Sept. 14, 2023
NYISO secured Business Issues Committee approval of the ISO’s proposal to create separate capacity demand curves for summer and winter beginning with the 2025/2026 capability year.
PJM
PJM MRC/MC Preview: Sept. 20, 2023
PJM's Markets and Reliability Committee and Members Committee will convene Sept. 20, with endorsement of revised peak market activity rules and issue charges related to generator deactivation rules and reserve certainty on the agenda.
House Energy and Commerce Committee
Efficiency and Reliability are Debated at House Energy Hearing
A House hearing looking into Republican bills aimed at curbing DOE's efficiency regulations  displayed the partisan split on reliability and energy efficiency.
D.C. Circuit Court of Appeals
NYPSC Continues Legal Battle Over NYISO’s 17-year Amortization
The NYPSC has filed a third petition seeking federal judicial review of FERC orders related to NYISO's proposed 17-year amortization period for its demand curves in capacity market auctions.

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