Markets
CAISO issued its first energy emergency alert of the summer after falling short on ramping capacity as solar output rolled off its system.
CAISO’s Western Energy Imbalance Market took the unusual step of rescinding a rule change that it never actually implemented.
PJM released a report on the December 2022 winter storm detailing its emergency actions and recommended changes to its markets and operations to limit the impact of future severe weather.
FERC again ruled that the issues raised by environmental organizations about the FCA fall outside the scope of the proceeding.
FERC asked NYISO to provide additional detail on its proposed tariff revisions for integrating DER aggregations into its markets, including a rationale for its 10-kW minimum.
MISO said it will debut a task team dedicated to improving its credit policy as market participants experience more price volatility in the market and default risk grows.
PJM completed its delivery of a sprawling presentation outlining its envisioned overhaul of the capacity market, followed by stakeholder presentations from Calpine, Daymark Energy Advisors and the East Kentucky Power Cooperative.
PJM's Planning Committee discussed the recommended load model to be used in the 2023 Reserve Requirement Study (RSS), while the TEAC gave an update on the ongoing third window of its 2022 RTEP and the opening of the 2023 RTEP later this month.
PJM's Market Implementation Committee discussed potential changes to reactive power compensation and the progress of developing new market clearing engine software.
The D.C. Circuit upheld FERC’s decision to OK PJM’s FTR forfeiture rule without ordering refunds under previous rules implemented without commission approval.
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