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November 17, 2024

Markets

CAISO
Ramping Shortfall Sparks CAISO’s 1st Summer Emergency
CAISO issued its first energy emergency alert of the summer after falling short on ramping capacity as solar output rolled off its system.  
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WEIM Withdraws Change to Base Schedule Deadline

CAISO’s Western Energy Imbalance Market took the unusual step of rescinding a rule change that it never actually implemented.

PJM
PJM Recounts Emergency Conditions, Actions in Elliott Report
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.
Fletcher6, CC BY-SA 3.0, via Wikimedia Commons
FERC Accepts Results of ISO-NE FCA 17
FERC again ruled that the issues raised by environmental organizations about the FCA fall outside the scope of the proceeding.
NYISO
FERC Seeks More Info on NYISO DER Aggregation Proposal
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.
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MISO Convening Task Team to Shore Up Credit Policy
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.
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PJM Completes CIFP Presentation; Stakeholders Present Alternatives
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.
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PJM PC/TEAC Briefs: July 11, 2023
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.
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PJM MIC Briefs: July 12, 2023
PJM's Market Implementation Committee discussed potential changes to reactive power compensation and the progress of developing new market clearing engine software.
Monitoring Analytics
DC Circuit Upholds FERC on PJM FTR Rule
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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