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July 4, 2024

Markets

WECC
Proposed New Western RTO Discussed at CREPC
Utility regulators from Oregon and California discussed their proposal for a new independent RTO covering the entire West for the first time publicly.
D.C. Circuit Court of Appeals
DC Circuit Asked Again to Rule on NYISO’s 17-Year Amortization
The New York PSC petitioned the D.C. Circuit Court of Appeals to review FERC's approval of NYISO's proposal to use a 17-year amortization period for setting its cost of new entry.
PJM
PJM Updates Risk Analysis; Stakeholders Present Revised CIFP Proposals
PJM showed updated risk analysis figures and stakeholders made new proposals during the July 17 Critical Issue Fast Path process meeting.
Xcel Energy
MISO Preps for Heat Wave, Anticipates Annual Demand Peak
MISO has enacted conservative operations, a hot weather alert and a capacity advisory for its Midwest region ahead of a widespread heat wave set to bake the U.S. this week.
CAISO
Ramping Shortfall Sparks CAISO’s 1st Summer Emergency
CAISO issued its first energy emergency alert of the summer after falling short on ramping capacity as solar output rolled off its system.  
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WEIM Withdraws Change to Base Schedule Deadline

CAISO’s Western Energy Imbalance Market took the unusual step of rescinding a rule change that it never actually implemented.

PJM
PJM Recounts Emergency Conditions, Actions in Elliott Report
PJM released a report on the December 2022 winter storm detailing its emergency actions and recommended changes to its markets and operations to limit the impact of future severe weather.
Fletcher6, CC BY-SA 3.0, via Wikimedia Commons
FERC Accepts Results of ISO-NE FCA 17
FERC again ruled that the issues raised by environmental organizations about the FCA fall outside the scope of the proceeding.
NYISO
FERC Seeks More Info on NYISO DER Aggregation Proposal
FERC asked NYISO to provide additional detail on its proposed tariff revisions for integrating DER aggregations into its markets, including a rationale for its 10-kW minimum.
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MISO Convening Task Team to Shore Up Credit Policy
MISO said it will debut a task team dedicated to improving its credit policy as market participants experience more price volatility in the market and default risk grows.

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