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December 22, 2024

Markets

CAISO
NV Energy Explains EDAM Choice
NV Energy’s decision to join CAISO's Extended Day-Ahead Market rather than SPP's Markets+ was based partly on concerns that participation in the latter would “lead to substantial expenditures with limited results,” a representative of the Nevada utility said.
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EPRI Launches DCFlex Initiative to Help Integrate Data Centers on the Grid
EPRI launched its DCFlex initiative, which is meant to maximize demand flexibility from data centers to help them more quickly plug into the grid and provide demand response for emergencies.
NOAA
MISO and TVA Strike Emergency Energy Purchase Agreement, Request FERC OK
MISO and the Tennessee Valley Authority hope to implement an emergency energy purchase framework by Christmas Eve.
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Panels Debate PJM Capacity Market Design at OPSI Annual Meeting
Panels during the OPSI Annual Meeting discussed the 2025/26 capacity auction yielding an eightfold jump in prices, as well as possible changes to the subsequent auction.
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Future of Power Markets Discussed at Aurora Energy Conference
The Inflation Reduction Act and other policies have made the U.S. into one of the most attractive places to invest in clean energy, but completing the energy transition will require additional advances, according to panelists at the Aurora Energy Transition Forum.
NYISO
NYISO Monitor Highlights Gap Between Planning, Market Requirements
NYISO's transmission planning requirements result in a need for more capacity than is required in the ISO’s market rules, according to Potomac Economics, the Market Monitoring Unit.
PJM
PJM MRC/MC Preview: Oct. 30, 2024
Listed are the agenda items scheduled to be brought to a vote at the upcoming PJM Markets and Reliability Committee and Members Committee meetings.
EDP Renewables
FERC Approves New MISO Probabilistic Capacity Accreditation
FERC authorized MISO’s move to a capacity accreditation method that blends probabilistic availability with historical unit performance.
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BPA Markets+ Support Intact Despite Exec’s Resignation, Agency Says

The Bonneville Power Administration’s commitment to fund the second phase of SPP’s Markets+ won’t be swayed by the departure of the executive leading the agency’s day-ahead market initiative, an official told the Markets+ Participants Executive Committee.

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Pathways Backers Express Confidence on Calif. Legislation
Key backers of the West-Wide Governance Pathways Initiative told state energy officials they’re confident California lawmakers next year will pass a bill needed to relax state oversight on CAISO’s markets and establish the "RO" envisioned by the initiative.

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