Energy Market
MISO
February held no operational surprises, MISO reported in a monthly market review.
Oklahoma Municipal Power Authority
SPP’s effort to impose capacity accreditation methodologies for thermal and renewable resources has drawn protests from public-interest and clean-energy groups at FERC.
Siena College
The NYISO Management Committee approved tariff revisions for co-located storage resources and capacity accreditation models, reviewed annual satisfaction survey results, and received updates on board compensation and Order 2023.
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FERC granted complaints by five utilities against CAISO, nullifying nearly $2 million in penalties for incorrect meter data reporting.
CAISO
Fast-start pricing could fix certain “price anomalies” in CAISO markets more effectively than existing mechanisms for compensating ramping resources, the WEIM Governing Body’s market expert told the group.
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MISO members pondered at Board Week over how quickly the full impact of Order 2222 will be felt across the footprint.
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MISO’s imminent filing for a new capacity accreditation is a crucial first step to get ready for a more complex and challenging future, executives told attendees during March Board Week.
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CAISO scored simultaneous victories in heavily contested territory after Portland General Electric and Idaho Power both signaled their intent to join the Extended Day-Ahead Market.
FERC, via Hitachi ABB Power Grids Velocity Suite
2023 began with a mild winter, setting the pace for a relatively quiet year in which natural gas and wholesale electricity prices dropped and the U.S. added a net 26 GW in generation capacity.
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Average load-weighted electricity prices in PJM fell by around half in 2023, the Independent Market Monitor said in its annual State of the Market Report.
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