day-ahead market (DAM)
NYISO stakeholders expressed skepticism of an ISO proposal to levy financial penalties against underperforming generators, saying it was not developed enough to be voted upon by the end of the year.
NYISO CEO Rich Dewey highlighted efficiency improvements and the challenges of the continued electrification at the Jan. 31 MC meeting.
NYISO's Business Issues Committee voted in favor of proposed tariff revisions that would provide all fast-start resources with their physical schedules for the day-ahead market.
The Bonneville Power Administration is pulling back from its ambitious schedule for choosing which Western day-ahead market it will join, officials with the federal power marketing administration said during a workshop.
The competition for organized markets in the West grew Friday as the Bonneville Power Administration launched a process to choose between day-ahead markets proposed by CAISO and SPP and regulators from five Western states urged the establishment of a new, independent RTO covering the entire West.
Panelists at the CREPC-WIRAB spring meeting argued over whether the West would benefit more from a day-ahead market run by CAISO or with another run by SPP.
SPP has rolled out the governance structure that will oversee the first developmental phase of Markets+, its day-ahead and real-time market in the West.
CPower has agreed to a $2.5 million penalty after FERC's enforcement division found the company took capacity payments in violation of ISO-NE rules.
FERC ordered PacifiCorp to refund premiums it received for sales above WECC's soft price cap of $1,000/MWh during the severe Western heat wave of August 2020.
ISO-NE laid out the scope and timing of a project to incorporate ancillary services in the day-ahead energy market for the NEPOOL Markets Committee.
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