Markets
CAISO scored a potentially important victory when the Balancing Authority of Northern California said it will pursue membership in the ISO’s Extended Day-Ahead Market — and not SPP’s Markets+.
Idaho Power asked FERC to overturn a $700,000 fine for what it called a minor metering mistake that had no real impact on the Western Energy Imbalance Market.
PJM's Markets and Reliability Committee deferred voting on an issue charge to create a new senior task force focused on compensation for reliability-must-run contracts and the timing of deactivation notices.
ERCOT stakeholders endorsed the charter and leadership for a task force that will report to the Technical Advisory Committee and provide recommendations on real-time co-optimization and energy storage resources’ state of charge.
Stakeholders remain frustrated with MISO’s plan to enact a marginal capacity accreditation as staff insist that the approach will measure the true value of capacity.
State regulators of MISO South are withholding support for MISO’s plan to implement a sloped demand curve in its capacity auctions based on a proposed option for states to shield themselves from the effects.
MISO said it can likely take on fall with sufficient capacity and minimal operating challenges.
MISO instated maximum generation procedures Thursday to manage a pervasive heat wave blanketing its footprint.
FERC has approved a $21 million settlement over an Arkansas steel mill’s yearslong failure to reduce load as a registered demand response resource in MISO.
CAISO asked FERC to approve the rules for its EDAM and revisions to its existing day-ahead market, intended to more accurately forecast load.
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