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July 5, 2024

Markets

CAISO
CAISO, WEIM Approve Day-ahead Market Enhancements
Changes meant to improve the performance of CAISO’s day-ahead market and the planned day-ahead expansion of its Western Energy Imbalance Market won board approval.
MISO
MISO: Auction Results Point to Need for Sloped Demand Curve
MISO executives said the capacity market still needs fixing, warning that the surplus gained from last week’s auction is fleeting without long-term changes.
ISO-NE
Counterflow: Single Clearing Price
Columnist Steve Huntoon says FERC Commissioner Mark Christie's attack on single clearing price markets is ill informed.
Cleco
FERC Again Rejects MISO Minimum Capacity Obligation
MISO still doesn’t have enough justification to institute a minimum capacity obligation, FERC decided last week.
MISO
1st MISO Seasonal Auctions Yield Adequate Supply, Low Prices
The results of MISO’s inaugural seasonal capacity auctions, released late Wednesday, showed sufficient supply for the 2023/24 planning year.
Edison International
CAISO’s Revised DERA Plan Complies with Order 2222, FERC Finds
FERC approved CAISO’s second attempt at complying with the mandate requiring RTOs to foster participation of DER aggregations in organized markets.
© RTO Insider LLC
Overheard at the Energy Bar Association’s Annual Meeting
Much of the focus at the EBA’s conference was on matching electric demand with carbon-free power and building interregional transmission to improve resiliency.
© RTO Insider LLC
PJM Members Committee Approves Performance Penalty Reduction
The PJM Members Committee approved a proposal that would sharply reduce the penalties generators pay for underperforming during emergency conditions.
© RTO Insider LLC
FERC’s Christie Calls for Reassessment of Single Clearing Price
RTOs should reconsider the practice of relying on single clearing price mechanisms in their markets, FERC Commissioner Mark Christie argued in an article.
Fletcher, CC BY-SA 4.0, via Wikimedia Commons
ISO-NE Plans 2025 Launch for Day-Ahead Ancillary Services Initiative
ISO-NE is targeting 2025 for the launch of its Day-Ahead Ancillary Services Initiative, to ensure reliable next‐day operating plans with increasing renewables.

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