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November 18, 2024

Energy Market

MISO Claims up to $3.9B in 2018 Benefits
MISO estimates that it delivered between $3.2 billion and $3.9 billion in benefits to its members in 2018.
ERCOT Board of Directors Meeting: Feb. 12, 2019
ERCOT CEO Bill Magness told the Board of Directors the grid operator will use favorable budget variances to fund the addition of real-time co-optimization.
NYISO Business Issues Committee Briefs: Feb. 13, 2019
NYISO locational-based marginal prices averaged $50.93/MWh in January, up by about 25% from December and down around 50% from the same month a year ago.
PJM Advances Own Energy Price Formation Plan
The PJM Board of Managers agreed to submit staff’s revised energy price formation proposal for FERC approval, CEO Andy Ott said.
FERC OKs Salt River Project Agreement to Join EIM
FERC approved an agreement between CAISO and the Salt River Project that establishes the rules governing the utility’s participation in the Western EIM.
Exelon: Need Pa. Action by May to Save TMI
Pennsylvania lawmakers must approve nuclear subsidies by May to prevent the retirement of Three Mile Island Unit 1, Exelon CEO Chris Crane said.
Stakeholders Seek Slowdown on MISO RAN Project
Stakeholders are urging MISO to slow downits disjointed resource availability and need effort until it can measure the effects of 3 related FERC filings.
CAISO Raises Stakes for Intertie Non-delivery
CAISO’s Board of Governors approved a proposal to ensure bidders from outside the ISO deliver electricity as promised or face stringent financial penalties.
NYISO Ponders Response to Carbon Charge Shortfalls
NYISO stakeholders debated that carbon pricing could occasionally leave New York electricity consumers paying into the carbon revenue account.
Last Gasp Bid on PJM Price Formation Falls Short
PJM stakeholders failed again to reach agreement on energy price formation rules, as a last-ditch effort at compromise fell short in a sector-weighted vote.

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