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July 4, 2024

Markets

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BANC Moving to Join CAISO’s EDAM
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+.
CAISO
Idaho Power Seeks FERC Help with $700K WEIM Fine
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.
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PJM MRC Briefs: Aug. 24, 2023
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.
Broad Reach Power
ERCOT Technical Advisory Committee Briefs: Aug. 22, 2023
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.
Invenergy
MISO Strengthens Resolve on Marginal Capacity Accreditation, Stakeholders Displeased
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.
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MISO South Support for Sloped Demand Curve Wanes on Opt-out Provision
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
MISO Expects Sedate Fall, Emerges Unscathed from Heat Emergency
MISO said it can likely take on fall with sufficient capacity and minimal operating challenges.
DTE Energy
MISO Calls 1st Summertime Emergency amid Systemwide Heat Wave
MISO instated maximum generation procedures Thursday to manage a pervasive heat wave blanketing its footprint.
Big River Steel
FERC OKs $21M Settlement in Arkansas Steel Mill’s DR Scheme in MISO
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
CAISO Files EDAM Proposal with FERC
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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