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November 27, 2024

Public Policy

WECC
26 Western Entities Signal Continued Support for Markets+
More than two dozen Western electricity sector entities sent a letter to SPP expressing support for the continued development of the RTO’s Markets+, which is competing for participants with CAISO’s Extended Day-Ahead Market. 
© RTO Insider LLC
NY Won’t Meet Renewable Target, Industry Says at Summit
Industry speakers at the 2024 New York Energy Summit told attendees the state has already missed its goal of 70% renewable energy by 2030 even as state officials maintained their optimism. 
CAISO
Nevada RTO Proceeding Examines EDAM, Markets+ Design

Two competing day-ahead markets from CAISO and SPP are taking different approaches to resource sufficiency and adequacy, according to presenters at a workshop included in a regulatory effort to help inform NV Energy’s decision on which market to join.

PJM
FERC Approves Cost Allocation for $5 Billion in PJM Transmission Expansion
FERC approved PJM’s cost allocation for a $5 billion in transmission upgrades aimed at resolving reliability violations posed by growing data center load in Northern Virginia and retirements in Maryland.
WKRC
Scandal-ridden Former PUCO Chair Sam Randazzo Found Dead
Former PUCO Chair Sam Randazzo, who faced multiple criminal counts for taking millions in bribes from FirstEnergy, died by suicide, according to multiple news reports.
Shutterstock
FERC Approves PJM Involvement in 2nd NJ Offshore Tx Solicitation
FERC approved the participation of PJM in New Jersey’s second solicitation for transmission to interconnect offshore wind, as the state Board of Public Utilities evaluates proposals submitted by the solicitation’s April 3 deadline.
PNM
Regulators Approve PNM IRP Despite Staff Criticism
New Mexico commissioners voted to accept PNM's 2023 integrated resource plan despite concerns about an escalation in costs and resources since the 2020 IRP.
© RTO Insider LLC
FERC’s Christie: Transmission Can’t be Built Without State Support
The surest way to ensure that transmission is not expanded is to usurp states’ authority, FERC Commissioner Mark Christie said at WIRES’ Spring Member Meeting in Chicago.
Brattle Group
Nev. RTO Effort Turns Focus to NV Energy Day-ahead Studies
A key factor in the CAISO EDAM advantage is the benefits the utility would lose by leaving the Western Energy Imbalance Market, a Brattle Group consultant said.
Versant Power
DOE’s Final Transformer Efficiency Rules Seek to Ensure Stable Supply Chain
The U.S. Department of Energy finalized energy efficiency standards for distribution transformers to increase grid efficiency and save $824 million annually. 

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