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October 2, 2024

Energy Market

© RTO Insider LLC
BPA, Tucson Electric Power Enter Western EIM
The Western EIM took on BPA and Tucson Electric Power as new participants, marking the market’s largest single expansion since its founding.
© RTO Insider LLC
SPP Board of Directors/Markets Committee Briefs: April 26, 2022
SPP’s Board of Directors approved the RTO’s fourth competitive transmission project, awarding a $55 million, 345-kV facility to NextEra Energy Transmission.
NRG
PJM MRC/MC Briefs: April 27, 2022
The PJM MRC endorsed creating a new senior task force to study a potential market construct for procuring clean resource attributes in the RTO’s markets.
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CAISO Issues EDAM Straw Proposal for the West
CAISO issued a straw proposal for its extended day-ahead offering in the Western Energy Imbalance Market, a renewed effort at greater Western regionalization.
MISO
MISO Warns of Summer Emergencies, Load Shedding
MISO warned that even a normal amount of demand and generation outages will likely send it into emergency procedures this summer.
CAISO
Western EIM Tops $2B in Benefits
CAISO's Western Energy Imbalance Market surpassed $2 billion in total member benefits only 20 months after hitting the $1 billion mark in 2020.
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Overheard at RE+ Texas Conference
The RE+ Texas conference drew hundreds of renewable energy experts to the state that leads in wind production and may soon lead in solar energy too.
Shutterstock
Sellers Urge FERC to Raise WECC Soft Price Cap
FERC ordered six more entities to refund the premiums they earned from sales into CAISO during the severe heat wave of August 2020.
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FERC Reverts to Plan B on CAISO Capacity Procurement Mechanism
FERC reversed a decision that allowed CAISO to include an adder in the formula for offers that exceed the soft cap for its capacity procurement mechanism.
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Overheard at GCPA’s 2022 Spring Conference
The Gulf Coast Power Association drew more than 400 attendees to its first in-person Spring Conference, and 35th overall, since 2019.

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