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October 5, 2024

Energy Market

Theories Abound over California Blackouts Cause
Observers cited dependence on imports, underperformance of natural gas and wind, and market manipulation as possible causes of California’s recent blackouts.
COVID-19 Will Cut Electricity Demand in Calif., CEC Says
The COVID-19 pandemic and accompanying recession will significantly reduce electricity demand in California through 2023.
Eversource Energy
ISO-NE Planning Advisory Committee Briefs: Aug. 27, 2020
Economy-wide carbon dioxide emissions in New England fell by 28 to 34% between March and June versus a year earlier.
Montana Supreme Court Rebuffs PSC on PURPA Rules
The Montana PSC “arbitrarily and unlawfully” reduced solar generators’ payments and contract lengths under PURPA, the Supreme Court ruled.
NYISO Q2 Energy Prices, Load at 10-Year+ Lows
NYISO energy markets performed competitively in the second quarter, with the pandemic leading to the lowest load and average fuel prices in more than a decade.
PJM MRC Briefs: Aug. 20, 2020
PJM members approved two changes to the RTO’s market efficiency project planning process while rejecting a third to create a new regional targeted MEP process.
SPP Readying 2nd Attempt at WEIS Tariff
SPP staff are working feverishly to address FERC and Market Monitoring Unit concerns that threaten the launch of its Western Energy Imbalance Service market.
Study: Southeast RTO Would Cut Rates, Emissions
Southeast utilities could cut electric rates and emissions by joining an organized market, according to an Energy Innovation Policy & Technology study.
PGE Traders Burned by California Heat Wave
PGE (NYSE: POR) said it suffered $127M in losses from wholesale electricity trades due to recent volatility in California's energy market.
NYISO Nearing Vote on Hybrid Rules
NYISO is nearing a vote on market participation rules for hybrid storage and generation resources, with plans to submit the proposal in 2021.

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