Energy Market
Backers of the West-Wide Governance Pathways Initiative will move quickly on a proposal to alter the governance of CAISO’s Western EIM and EDAM after voting to approve the plan.
NV Energy intends to join CAISO’s Extended Day-Ahead Market, an official with the utility said, notching a major win for the ISO in its competition with SPP’s Markets+ day-ahead offering in the West.
NV Energy plans to make its intention to join the CAISO EDAM public on May 31 when it files an integrated resource plan with the Public Utilities Commission of Nevada.
CAISO’s Board of Governors and WEIM Governing Body unanimously voted to approve an expedited proposal to increase the ISO’s soft offer cap from $1,000/MWh to $2,000.
ERCOT stakeholders plumbed the depths of Robert’s Rules of Order and amended motions before endorsing a rule change that allows the grid operator to manually release contingency reserve service from economically dispatched resources after repeated violations of the system power balance constraint.
This summer should bring high temperatures and electricity demand but flat power prices as cheaper fuel offsets heavy load, according to a FERC assessment.
An NV Energy executive provided the strongest public indication yet as to why the utility is poised to choose the ISO's Extended Day-Ahead Market over SPP’s Markets+.
Five years after it introduced rules to curb generators’ uninstructed deviations from dispatch instructions, MISO said such departures are worse than ever and it likely needs to strengthen rules and software.
MISO expects a hot summer and should be able to survive load peaks into the 120-GW range, but the system could be on the brink if a scorching day produces demand near 130 GW.
As a next step in deciding which of two competing Western day-ahead markets to join, two of the state's utilities are commissioning a study of transfer capability under different market scenarios.
Want more? Advanced Search