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October 11, 2024

Markets

Duke Energy Renewables
FERC Approves SPP Request for Uncertainty Product
FERC accepted SPP’s proposed tariff revisions to add an uncertainty reserve product to its Integrated Marketplace.
MISO
MISO Pledges Review of On-hold Stakeholder Ideas
MISO is refreshing its longstanding “parking lot” of improvement ideas submitted to the grid operator; some ideas have been in a holding pattern for years.
Andre m, CC BY-SA 3.0, via Wikimedia
California Legislature Asks CAISO to Report on Regionalization
The California State Legislature passed a resolution requesting that CAISO report on efforts to create an RTO in the West and its potential benefits.
BPA
BPA Commits to Funding Markets+ Development
The Bonneville Power Administration has said it will become the first western utility to formally commit to funding development of SPP’s Markets+ in the West.
© RTO Insider LLC
SPP Continues to Build on Markets+ Offering
SPP and Western entities interested in the RTO’s Markets+ “RTO light” offering continued to inch toward each other during another development session.
PJM
FERC Rejects PJM’s Reserve Deployment Proposal
FERC rejected PJM’s plan to change its handling of synchronized reserve events, saying it would likely result in higher prices and over-procurement.
IMM Report Notes Rising Fuel, Congestion Costs in PJM
PJM's real-time LMPs and congestion costs both spiked in the first half of 2022, driven by increasing fuel prices and loads, the IMM reported.
PJM
PJM Planning Committee Briefs: Aug. 9, 2022
Stakeholders urged PJM to delay action on generation deliverability testing until rules on capacity interconnection rights for ELCC resources are complete.
PJM
PJM Market Implementation Committee Briefs: Aug. 10, 2022
The MIC approved an initiative to change the determination of zonal load bus distribution factors and heard first read on changes to VOM cost development.
Nexamp
NRDC: Early Worries About ISO-NE’s Capacity Accreditation Approach
NRDC argued that ISO-NE’s preferred method of measuring marginal reliability impact risks under-valuing some components of clean energy resources.

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