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November 19, 2024

Markets

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FERC Approves PJM Capacity Auction Delay
FERC accepted PJM’s request to delay the 2025/26 Base Residual Auction from June 12 to July 17 to give stakeholders time to understand new capacity auction rules. 
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PJM Seeking Expedited Approval of Energy Efficiency Changes
PJM proposed changes to how it measures and verifies the capacity contribution of energy efficiency resources, drawing concerns the RTO is moving too fast to implement changes ahead of the next capacity auction.
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RTOs Jointly Call for Improved Gas-electric Coordination
ISO-NE, MISO, PJM and SPP released a report calling for improvements to the coordination of the electric and natural gas systems.
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FERC Catches Ketchup Caddy Co. in Another Fake DR Scheme in MISO
FERC is poised to levy a total $27 million in penalties on a Texas-based LLC meant to sell in-car ketchup holders that collected more than $1 million in undeserved MISO demand response payments.
ISO-NE
Prices, Renewables Rise in New England Capacity Auction

ISO-NE's capacity prices cleared at $3.58/kW-month in FCA 18, a nearly $1 increase over last year.

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PJM Seeks Waiver to Postpone 2025/26 Capacity Auction
PJM submitted a waiver request asking FERC to delay the 2025/26 Base Residual Auction by 35 days, which would bump the commencement to July 17.
CAISO
CAISO CEO Emphasizes Power of Partnership in West
In an interview, CAISO CEO Elliot Mainzer touted the importance of interregional coordination — and a single Western market — to meet state policy and reliability goals.
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NYISO Defends 10-kW Minimum for DER Aggregation Participation
NYISO defended its proposal to set a 10-kW minimum requirement for distributed energy resources to participate in an aggregation. 
NYISO
NYISO Operating Committee Briefs: Feb. 15, 2024
NYISO’s Operating Committee voted to approve the results from the Expedited Deliverability Study (EDS) 2023-01 report that included 16 projects, two of which were found to be undeliverable.
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Western RTO Effort Makes Gains on Funding, Legal Analysis
The West-Wide Governance Pathways Initiative is advancing on its $570,000 funding target. And its members also are wading deeper into one of the key subjects it was conceived to address: CAISO's governance.

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