Markets
While some stakeholders are ‘charmed’ by SPP’s market initiative effort, others urge need for deeper tie to CAISO.
The Illinois Commerce Commission has instituted a notice of inquiry over the potential benefits of Ameren Illinois quitting MISO to join PJM.
The Western Energy Imbalance Market topped $4 billion in cumulative benefits in the second quarter of 2023, just six months after it topped the $3 billion mark.
MISO presided over routine operations in June, with an average 81-GW load and diminished wholesale prices.
PJM updated its Critical Issue Fast Path proposal, while several additional stakeholder presentations are scheduled for the remaining two meetings before they vote on packages.
PJM's Markets and Reliability Committee discussed proposed issue charges on generator deactivations and reserve certainty, while the Members Committee endorsed a cost recovery structure for investments to comply with IROL-CIP requirements.
Utility regulators from Oregon and California discussed their proposal for a new independent RTO covering the entire West for the first time publicly.
The New York PSC petitioned the D.C. Circuit Court of Appeals to review FERC's approval of NYISO's proposal to use a 17-year amortization period for setting its cost of new entry.
PJM showed updated risk analysis figures and stakeholders made new proposals during the July 17 Critical Issue Fast Path process meeting.
MISO has enacted conservative operations, a hot weather alert and a capacity advisory for its Midwest region ahead of a widespread heat wave set to bake the U.S. this week.
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