Markets
FERC approved ISO-NE’s proposal to create a day-ahead ancillary services market and retire the current Forward Reserve Market, effective March 1, 2025.
Key deadlines already have arrived for MISO’s spring capacity auction, while MISO has hiked its planning reserve margin for the 2024/25 planning year.
Stakeholders have discussed the likelihood that there may be two day-ahead markets in the West, CAISO’s Extended Day-ahead Market and SPP’s Markets+ and/or RTO West.
PJM said the grid maintained reliability through nearly a week of harsh winter conditions during the winter storm that blanketed much of the nation in mid-January.
The final locational minimum installed capacity requirements for NYISO zones G - J for the 2024/25 capability year were approved by stakeholders at the Operating Committee meeting on Jan. 18.
NYISO's Business Issues Committee voted in favor of proposed tariff revisions that would provide all fast-start resources with their physical schedules for the day-ahead market.
Backers of an effort to create the framework for an independent Western RTO know how much money they’ll need to get things off the ground, and they’re seeking funders.
PJM's Members Committee is slated to consider endorsing an overhaul to the RTO's regulation market with one price signal and two products representing a resource’s ability to adjust their output up or down.
MISO said it has landed on a final design in its quest to move to a sweeping capacity accreditation that will better measure generators’ availability based on predetermined risky hours.
MISO said it will file by the end of the month to scrap a clunky and all-but-abandoned generator offer style from its tariff.
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