Energy Market
The PJM MRC and MC both endorsed a proposal to rework the regulation market to operate with a single price signal and two products provided by market sellers.
Future historians of the U.S. electricity sector one day might conclude the development of an RTO in the West hinged on two separate but interrelated events occurring on one day in July 2023.
CAISO marked a key milestone in its Western expansion efforts after FERC approved nearly every aspect of its proposed Extended Day-Ahead Market.
Opponents of the Southeast Energy Exchange Market want the federal courts to examine FERC's approval of the market.
The PJM Markets and Reliability Committee will consider endorsement of two competing proposals to implement multi-schedule modeling, while the Members Committee will endorse representatives for the Finance Committee.
NYISO’s Business issues Committee approved testing of dynamic reserves, changes to the LCR optimizer, and new capacity accreditation rules.
NYISO stakeholders continued their criticism of the ISO’s effort to improve its demand response programs, saying it has inadequately addressed their concerns.
CAISO's Department of Market Monitoring explained that self-scheduled exports to support stressful conditions led to the declaration of emergency alerts in July.
PJM’s MIC heard updates on capacity market proposals pending before FERC and began a review of how energy efficiency resources participate in the market.
MISO leadership predicted adequate supply paired with a temperate winter at the final Board Week of the year.
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