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July 4, 2024

Markets

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Uncertain Future for Texas’ Renewables Industry
The Texas Legislature is working to pass bills to facilitate fossil fuel energy generation but limit renewable energy generation.
New York Governors Office
NY Moves to Boost Hydrogen Production and Development
New York announced two efforts to help boost hydrogen as a means of reaching its emission-reduction goals, including energy investments from NYPA and NYSERDA.
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NE Stakeholders Support Developing Time-varying Rates
Energy leaders in New England are calling on the states to look at developing time-varying rates to reduce costs and environmental burdens.
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PJM Board Rejects Lowering Capacity Performance Penalties
PJM's Board of Managers rejected a proposal to lower nonperformance penalties, while AMP was displeased the board responded to reliability claims.
MISO
MISO: Sloped Demand Curve Would Have Raised 2023/24 Capacity Prices
MISO said that a sloped demand curve applied to its recent seasonal auction would have boosted summer clearing prices as much as sixfold.
MISO
MISO: Little Firm Capacity to Spare This Summer
MISO this week said it will likely operate with almost no firm generating capacity to spare to manage typical summertime peaks.
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FERC Settles with 2 DR Firms over Inflated Bids in CAISO
FERC approved settlements with two demand response aggregators for allegedly bidding more resources than they could provide to CAISO’s market.
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PJM Presents Lessons Learned from Elliott, More CIFP Presentations
PJM offered a series of suggestions for how it could overhaul its capacity market in the wake of widespread resource failures during last December's winter storm.
SPP
SPP Briefs: Week of May 15, 2023
SPP says it expects “normal” summer operations in its balancing authority and reliability coordinator areas this summer, despite a projected drought.
NYISO
FERC Accepts NYISO’s 17-Year Amortization Period Proposal
FERC approved NYISO’s proposed 17-year amortization period when calculating the annual costs for hypothetical fossil fuel peaker plants.

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