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November 23, 2024

Energy Market

© RTO Insider LLC 
BPA Execs Lay out Markets+ Benefits, Risks, Reasons
BPA's biggest risks in joining SPP’s Markets+ come down to footprint size and the limited transmission connectivity between the Northwest and Southwest entities most inclined to join the market, agency executives said.
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Rising Tensions Evident at BPA Day-ahead Markets Workshop
A polite discussion at a BPA day-ahead market participation workshop ended on a testy note as critics of the staff leaning in favor of SPP’s Markets+ urged the agency to rethink its position and consider once again delaying a market decision.
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PJM MRC Briefs: Oct. 30, 2024
The PJM Markets and Reliability Committee endorsed two issue charges sponsored by LS Power addressing the transparency and functionality of PJM’s marginal effective load-carrying capability accreditation methodology.
FERC
FERC Dives into Data Center Co-location Debate at Technical Conference
A common refrain at FERC’s technical conference on the co-location of data centers was that the issue is just part the broader problem of resource adequacy.
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NM PRC Issues ‘Guiding Principles’ for Electricity Market Participation
The Public Regulation Commission voted 3-0 to adopt the guiding principles which emphasize customer benefits, transparency, stakeholder involvement and tracking of greenhouse gas emissions.
E3
BPA Sticks to Markets+ Leaning Despite Study Showing EDAM Benefits

New findings from a much-anticipated study have “not shifted” BPA's staff recommendation that the agency choose SPP’s Markets+ over CAISO’s — despite results showing greater economic benefits from EDAM.

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Western Utility CEOs Reflect on Evolving Energy Markets
Leaders of four large utilities reflected on the evolution of Western markets and looked toward the future at CAISO’s Stakeholder Symposium, emphasizing a shift toward more collaboration as large industry players choose which day-ahead market to join.
ISO-NE
ISO-NE Study Lays Out Challenges of Deep Decarbonization
Deep decarbonization of the New England grid will pose major challenges related to resource adequacy and market administration, ISO-NE concluded in the final report of its Economic Planning for the Clean Energy Transition study.
WAPA
WAPA Sierra Nevada Region to Advance with EDAM
The Western Area Power Administration said its Sierra Nevada region will pursue “final negotiations” to join CAISO’s Extended Day-Ahead Market, notching another — if expected — victory for the ISO in its competition with SPP’s Markets+.  
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California Labor, (Possibly) Public Power to Sponsor Pathways Legislation
A representative of one of the staunchest opponents of past efforts to transform CAISO into an RTO said his labor union plans to sponsor the legislation needed to implement the “Step 2” proposal of the West-Wide Governance Pathways Initiative.

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