Markets
Utilities should put customer benefits first when deciding on which Western day-ahead electricity market to join, New Mexico Commissioner Gabriel Aguilera said.
FERC Commissioner Lindsay See took office the day the Supreme Court issued its Loper Bright decision striking down the Chevron deference to federal agencies, she told the Energy Bar Association’s Mid-Year Energy Forum.
The second leg of the Independent Market Monitor's analysis on PJM's 2025/26 Base Residual Auction looked at the impact of not counting reliability-must-run resources as capacity, paired with several other factors.
PJM's proposal to create an expedited interconnection process for high capacity factor generation would seek to add gigawatts of capacity by fast-tracking studies on around 100 projects.
Western regulators on the Markets+ State Committee probed an SPP Market Monitoring Unit official on how the department plans to address implementation of the new day-ahead market.
An SPP executive closely involved with developing Markets+ said recent Brattle Group studies on Western day-ahead markets appear to be aimed more at swaying utilities in favor of CAISO’s EDAM than providing an unbiased assessment.
First-quarter electricity prices in CAISO markets were down sharply from the same period in 2023, despite sharp spikes during the January cold snap in the Pacific Northwest, the ISO’s Department of Market Monitoring said.
ISO-NE is not planning to pursue the development of simultaneously clearing seasonal capacity auctions as part of its capacity auction reform project.
Markets+ proponents argue that the SPP framework allows more flexibility for integrating greenhouse gas emission reduction programs across various states than CAISO’s EDAM.
A recently filed proposal by ISO-NE to increase the collateral requirements for generators with capacity supply obligations has received strong pushback from the New England Power Generators Association.
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