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December 24, 2024

Energy Market

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MISO Estimates Solar Fleet will be 12 GW by Winter’s End
MISO expects its in-service solar capacity to grow to 12 GW by the end of winter, a 50% increase over its existing fleet.
NREL
FERC Approves Fines on Batteries for Misleading Bids in CAISO
FERC approved fines on Sonoran West Solar Holdings for submitting misleading initial state of charge values that led to undue bid cost recovery payments.
Tacoma Public Utilities
Pathways Step 2 Not Good Enough, Markets+ Backers Say
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.
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CAISO Considering Fast-start Pricing for Extended Day-Ahead Market
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.
Bonneville Power Administration
BPA Hit FY24 Reliability Targets Despite Wildfires, Peak Load Records
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.
NYISO
NYISO Energy Costs up in Q3 2024
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.
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Power Market Costs Behind Rate Increases, PGE Says
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.
PSEG
Stakeholders Skeptical of NYISO Performance Penalty Proposal
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
MISO Records Comparatively Smaller Peak in October Operations
MISO experienced an October peak load of 84 GW, which was lower than its 99-GW peak during the same period in 2023.
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BANC Signs Agreement to Join EDAM
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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