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July 10, 2024

Energy Market

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FERC Approves LS Power Gas Plant Purchase Despite PJM Monitor’s Concerns
FERC approved LS Power’s purchase of an 810-MW natural gas plant in central Pennsylvania despite some qualms from PJM’s Independent Market Monitor. 
© RTO Insider LLC
Portland General Electric Formalizes EDAM Commitment
Portland General Electric became the second entity in the Western U.S. after PacifiCorp to sign an implementation agreement for the Extended Day-Ahead Market.
© RTO Insider LLC 
Busy Summer Ahead for Pathways Initiative
Participants in the West-Wide Governance Pathways Initiative face a busy meeting schedule this summer as the group’s leaders look to advance on parallel fronts to develop a Western “regional organization.”
© RTO Insider LLC
PJM MRC/MC Briefs: June 27, 2024
PJM’s Markets and Reliability Committee endorsed a proposal to align the day-ahead energy market commitment cycle with the daily gas nomination deadlines.
Potomac Economics
NEPOOL Holds Summer PC Meeting amid New England Heat Wave, Climate Protests
NEPOOL held its annual summer Participants Committee meeting in New Hampshire during a multiday stretch of extreme heat and high demand on the New England grid.
Moonwater Capital
PUCN Sets Framework for NV Energy’s EDAM Participation
As NV Energy moves forward with plans to join CAISO’s Extended Day-Ahead Market, Nevada regulators have laid out a framework for how the company can seek approval for EDAM participation.
ERCOT
ERCOT Board of Directors Briefs: June 17-18, 2024
ERCOT’s Board of Directors has passed one contentious protocol change and tabled another that have divided stakeholders and staff and led the IMM to argue against the heavy use of ECRS.
Renewable Northwest
Group Claims Powerex Backing Markets+ to Benefit from Divided West
A new study commissioned by Renewable Northwest says Powerex is poised to benefit if the West ends up divided between CAISO’s EDAM and SPP’s Markets+.
Aurora Energy Research
Report Shows Wide Range of Data Center Demand Scenarios for Virginia
Growing demand from Northern Virginia’s Data Center Alley could outpace the power industry’s ability to keep up, according to a new report by Aurora Energy Research.
PJM
EIA: Dispatch of Coal Generation Falls in PJM
Analysis from EIA finds the average runtime for PJM coal-fired generators has declined sharply over the past decade because of increasing fuel and start-up costs.

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