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July 6, 2024

Markets

California Assembly
Lawmaker Introduces Bill to Turn CAISO into RTO
A key California lawmaker introduced a bill to allow CAISO to become a Western RTO by expanding its governance to include representatives from other states.
© RTO Insider LLC
PJM Stakeholders Discuss Capacity Market Changes After Winter Storm
PJM's Independent Market Monitor has proposed a plan to eliminate performance assessment intervals and related penalties from the RTO’s capacity market.
Lights on California
New Coalition Aims for California to be in RTO
A new coalition of trade and environmental groups says California must be in an RTO, bolstering a renewed push for CAISO to become a multistate organization.
Austin Energy
ERCOT Briefs: Week of Jan. 30, 2023
Icy weather knocked more than 400,000 Texas customers offline last week, but all outages were at the local distribution level.
SPP
SPP Board/Members Committee Briefs: Jan. 31, 2023
SPP’s Board and Members Committee have approved two resource adequacy revision requests, ending a last-minute dash to gain stakeholder approval.
© RTO Insider LLC
CAISO Approves Day-ahead Market for Western EIM
CAISO's Board of Governors and the Western Energy Imbalance Market Governing Body approved an extended day-ahead market for the WEIM, calling it a milestone.
PJM
When is A MWh Not A MWh?
Tony Clark and Vince Duane question whether the single marginal price construct still works with the increase in low-cost intermittent resources.
Michael Surran, CC BY-SA 2.0, via Wikimedia Commons
PJM CIR Cap Unlikely to End Accreditation Dispute
PJM members’ vote to limit resources’ capacity interconnection rights is not likely to end the dispute over how the RTO accredits intermittent resources.
Alliant Energy
FERC Ends MISO Compensation for Reactive Power Supply
FERC approved MISO’s Transmission Owners’ request to eliminate reactive power compensation for generators, cutting a $220 million annual revenue requirement.
SEIA
Solar Trade Group Challenges MISO Ban on Renewable Ancillary Services
The Solar Energy Industries Association lodged a complaint at FERC against MISO’s practice of blocking intermittent resources from its ancillary service market.

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