Energy Market
MISO expects its in-service solar capacity to grow to 12 GW by the end of winter, a 50% increase over its existing fleet.
FERC approved fines on Sonoran West Solar Holdings for submitting misleading initial state of charge values that led to undue bid cost recovery payments.
The West-Wide Governance Pathways Initiative still grapples with political uncertainties and governance concerns despite efforts to fix those issues, proponents of SPP’s Markets+ contended.
CAISO is considering how to apply fast-start pricing to the Extended-Day Ahead Market — a topic that has been a sticking point for some as entities across the West decide which day-ahead market to join.
BPA hit all its reliability goals in fiscal year 2024 despite massive wildfires, peak load records and public safety power shutoffs, according to agency staff.
The Market Monitoring Unit said that even though all-in prices were slightly down, NYISO energy costs generally were up by 4 to 26% in most areas.
Portland General Electric’s rate hikes largely stem from increased wholesale power market costs, the utility wrote after Sen. Ron Wyden voiced concern that Oregon customers are struggling to pay their electricity bills.
NYISO stakeholders expressed skepticism of an ISO proposal to levy financial penalties against underperforming generators, saying it was not developed enough to be voted upon by the end of the year.
MISO experienced an October peak load of 84 GW, which was lower than its 99-GW peak during the same period in 2023.
The Balancing Authority of Northern California became the third entity to formally join CAISO’s Extended Day-Ahead Market, following PacifiCorp and Portland General Electric.
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