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July 10, 2024

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FERC Approves LS Power Gas Plant Purchase Despite PJM Monitor’s Concerns
FERC approved LS Power’s purchase of an 810-MW natural gas plant in central Pennsylvania despite some qualms from PJM’s Independent Market Monitor. 
© RTO Insider LLC
Overheard at Infocast’s Transmission & Interconnection Summit
Industry leaders, experts, policymakers and regulators gathered near the nation’s capital to discuss how recent FERC orders will affect regional transmission planning, cost allocation, permitting and other issues.
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Stakeholder Soapbox: The Prevalence of Rent-seeking in Public Utility Regulation
Energy consultant Kenneth W. Costello says state utility regulators in recent years have exhibited political posturing that deviates from their original mission.
Analysis Group
Stakeholders Battle over Battery as Proxy in NYISO Demand Curve Reset
NYISO stakeholders are divided over consultants’ proposal to use a two-hour battery as the peaking plant in the ISO’s capacity market demand curve, as part of its quadrennial demand curve reset for 2025-2029. 
NYSRC
NYISO Studying How to Update IRM Calculation to Account for Offshore Wind
The New York State Reliability Council’s mathematical model for calculating the state’s installed reserve margin every year will need to be updated as more offshore wind and major transmission lines come online, NYISO told stakeholders. 
Cal Fire
Wildfire Prompts CAISO’s 1st Transmission Emergency of Summer
CAISO declared its first transmission emergency of the summer as a fast-spreading Northern California fire forced PG&E to de-energize transmission lines near one of the state’s key hydroelectric facilities.
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PURPA Case Offers FERC Early Glimpse of Post-Chevron World
FERC is getting an early taste of life without Chevron deference after the Supreme Court remanded a case involving the Public Utility Regulatory Policies Act back to an appeals court.
Venture Global LNG
Federal Judge Stays Biden’s LNG Export Application Pause
The U.S. District Court for Western Louisiana issued a stay on the Biden administration’s pause in considering new applications for LNG export facilities. 
© RTO Insider LLC
PJM MRC/MC Briefs: June 27, 2024
PJM’s Markets and Reliability Committee endorsed a proposal to align the day-ahead energy market commitment cycle with the daily gas nomination deadlines.
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PJM Consumer Advocates File Complaint on EE Market Design
Three state consumer advocates filed a complaint against PJM with FERC, alleging the RTO’s treatment of energy efficiency resources is unduly discriminatory and is not properly documented in its governing documents. 

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