Energy Market
The PJM stakeholders have endorsed changes to accounting of demand response in load forecasts, among other actions.
Two initiatives that have bedeviled discussion at NYISO committees in the last few weeks of the year reared their heads again at the final Budget Priorities Working Group meeting of the year.
Facing proliferating load additions, MISO has begun developing in-house long-term load forecasts after years of relying on outside help to form load outlooks.
On the surface, CAISO’s Extended Day-Ahead Market and SPP’s Markets+ will take similar approaches to accounting for greenhouse gas emissions — but important differences remain.
The Bonneville Power Administration continued to argue that SPP’s Markets+ is preferable to CAISO’s EDAM, stating in a letter to Seattle City Light that potential benefits of a single West-wide market footprint must be viewed with “significant skepticism."
The four U.S. senators representing Oregon and Washington contend BPA has failed to make a financial case for joining Markets+, a condition they say should be the key driver of the agency’s decision to participate in a Western day-ahead market.
The Los Angeles Board of Water and Power Commissioners gave the go-ahead for LADWP to join CAISO’s EDAM, in a move expected to increase the utility’s annual net revenue by almost $40 million.
MISO said it will leave the 10-year-old guiding principles for its market design untouched after it conducted a check-in with stakeholders to gauge whether they are still valid in a rapidly changing industry.
To meet the power demand posed by data centers in the Northwest, stakeholders must collaborate to efficiently invest capital and explore controversial solutions like establishing a regional transmission organization in the West, panelists said in a webinar.
The electric power industry must step up to meet growing power demand and continue to build a system the country needs, said Javier Fernandez, CEO of the Omaha Public Power District. "This is one place where we cannot afford to fail. We cannot afford to delay infrastructure."
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