Peak Reliability
Peak Reliability said that it will wind down its role as a Reliability Coordinator and end its joint venture with PJM to form a western electricity market.
CAISO projects it will cost as much as $18.5 million to provide reliability coordinator services to areas outside its balancing authority.
SPP announced it intends to serve as a reliability coordinator in the Western Interconnection by late 2019.
Peak Reliability outlined a vision for reworking its current structure and reducing costs as it tries to prevent a mass exodus of customers to CAISO.
Grid Operators for the three RTOs vying to organize Western electricity markets faced off before an audience of utility regulators in what one state commissioner billed a “beauty pageant.”
CAISO divulged that most of the load in the Western Interconnection has signed letters of intent for its new reliability coordinator (RC) services.
CAISO issued its proposal to offer reliability coordinator services in the West, including a plan to charge rates that appear to dramatically undercut rival Peak Reliability.
Peak Reliability and PJM Connext are refining their pitch to convince potential participants to join their proposed Western energy market.
The Colorado Public Utilities Commission held its fifth public information session on the potential addition of the Mountain West Transmission Group to SPP.
At a meeting of the Western Power Trading Forum, PJM CEO Andy Ott sat down with RTO Insider to discuss the new Peak Reliability/PJM Connext market proposal.
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