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November 19, 2024

Markets

PJM
PJM MRC Preview: Feb. 22, 2024
The PJM Markets and Reliability Committee has four items on its consent agenda for its regularly scheduled meeting.
LADWP
LADWP Poised to Join CAISO Day-ahead Market After Board OK

CAISO notched another victory in the competition to bring organized markets to the West when the Los Angeles Department of Water and Power’s oversight board authorized the utility to prepare to join EDAM.

© RTO Insider LLC
PJM: ‘Conservative Operations’ Maintained Reliability During Jan. 2024 Storm
PJM spent $53.5 million on conservative, out-of-market dispatch procedures to maintain reliability during the January 2024 Winter Storm Gerri.
© RTO Insider LLC
PJM MIC Briefs: Feb. 7, 2024
The PJM Market Implementation Committee endorsed manual revisions codifying the real-time temporary exceptions process for generators to report any issues that may prevent them from operating to their unit-specific parameters.
ISO-NE
NEPOOL Markets Committee Briefs: Feb. 6, 2024
ISO-NE presented the NEPOOL Markets Committee with the initial results of the RTO’s Resource Capacity Accreditation.
Analysis Group
ISO-NE Moving Forward with Prompt, Seasonal Capacity Market Design
ISO-NE told the NEPOOL Markets Committee that it is proposing a major redesign to its capacity market, moving from a three-years-ahead schedule to a prompt and seasonal design.
MidAmerican Energy Co., Berkshire Hathaway Energy
MISO’s MSC to Debate Multiday Gas Requirements
MISO’s Market Subcommittee likely will discuss either a multiday gas purchase requirement or a multiday gas unit commitment process for use during extreme cold.
© RTO Insider LLC
FERC Rejects Changes to PJM Capacity Performance Penalties
FERC has rejected a PJM proposal to rework the role of performance penalties in its capacity market and how the associated risks can be reflected in seller offers.
CAISO
WEIM Ends 2023 Exceeding $5B in Benefits
CAISO’s WEIM last year hit $5.05 billion in benefits for its members since its inception in 2014, continuing the positive trend of growth tied to an expanding Western footprint.
© RTO Insider LLC
PJM Stakeholders Open Poll on Proposal to Align Electric and Gas Markets
A joint package brought forward by PJM, Dominion Energy and Gabel Associates would add intraday real-time commitment runs to the day-ahead market ahead of the three gas nomination cycle deadlines

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