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November 27, 2024

Energy Market

NYISO
NYISO: $1.5B in Tx Upgrades Needed to Deliver 2021 Class Year
About 40% of the proposed capacity seeking interconnection in NYISO’s class year 2021 is not deliverable without expensive upgrades, the ISO reported.
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ERCOT Board of Directors Briefs: Aug. 16, 2022
ERCOT’s Board of Directors unanimously approved a nodal protocol revision request that will lower unsecured credit limits from $50 million to $30 million.
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CAISO Updates EDAM Straw Proposal
CAISO's revised plan for a WEIM extended day-ahead market makes changes to transmission requirements and penalties for failing resource sufficiency evaluations.
PJM
PJM MRC/MC Preview: Aug. 24, 2022
The PJM MRC will vote on rules governing the inclusion of variable environmental charges in cost-based offers and four sets of capacity auction parameters.
Andre m, CC BY-SA 3.0, via Wikimedia
California Legislature Asks CAISO to Report on Regionalization
The California State Legislature passed a resolution requesting that CAISO report on efforts to create an RTO in the West and its potential benefits.
BPA
BPA Commits to Funding Markets+ Development
The Bonneville Power Administration has said it will become the first western utility to formally commit to funding development of SPP’s Markets+ in the West.
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SPP Continues to Build on Markets+ Offering
SPP and Western entities interested in the RTO’s Markets+ “RTO light” offering continued to inch toward each other during another development session.
IMM Report Notes Rising Fuel, Congestion Costs in PJM
PJM's real-time LMPs and congestion costs both spiked in the first half of 2022, driven by increasing fuel prices and loads, the IMM reported.
PJM
PJM Planning Committee Briefs: Aug. 9, 2022
Stakeholders urged PJM to delay action on generation deliverability testing until rules on capacity interconnection rights for ELCC resources are complete.
PJM
PJM Market Implementation Committee Briefs: Aug. 10, 2022
The MIC approved an initiative to change the determination of zonal load bus distribution factors and heard first read on changes to VOM cost development.

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