October 5, 2024

RTO Insider

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@prasad2011 via X
NYPA and NYU Partner to Scale up Transformer Monitoring Study
The New York Power Authority and the New York University Tandon School of Engineering announced a partnership that could help utilities prevent costly and time-consuming large power transformer outages through a novel monitoring technique.
Idaho Power
FERC Challenges Market-based Rates for Idaho Power’s Home Territory

FERC threatened to revoke Idaho Power’s market-based rate authority in its home territory, citing the utility’s failure of a key market power test.

AEP
Interim CEO Fowke Explains AEP Leadership Change
One day after removing Julie Sloat as its CEO and installing former Xcel Energy CEO Bob Fowke on an interim basis, AEP used its quarterly earnings call to add further color to the board's decision.
Constellation Energy
Constellation Reports Strong Financials, Bright Nuclear Future
Constellation reported strong 2023 earnings and projected strong growth in large part due to its nuclear fleet.
CAISO
CAISO Seeks to Address Market Power Mitigation Discrepancy
CAISO staff and stakeholders are looking to address an inconsistency in how the ISO tests for structural market competitiveness inside and outside of its balancing authority area in the Western Energy Imbalance Market.
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PJM MRC/MC Briefs: Feb. 22, 2024
A group of demand response providers in PJM proposed adding two hours to the availability window that binds when the resource can be deployed by the RTO.
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FERC Approves PJM Capacity Auction Delay
FERC accepted PJM’s request to delay the 2025/26 Base Residual Auction from June 12 to July 17 to give stakeholders time to understand new capacity auction rules. 
Peretzp, CC BY-SA 3.0, via Wikimedia
PSEG Awaits Federal Nuclear Plant Tax Credits
PSEG still is waiting to hear from the Treasury Department on the rules on the Production Tax Credits that are part of the Inflation Reduction Act.
AEU
AEU Grades ISO/RTO Queues as Order 2023 is Implemented
Advanced Energy United has released a scorecard that ranks the seven domestic ISO/RTOs on their generator interconnection processes, finding room for improvement in every one.
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PJM Seeking Expedited Approval of Energy Efficiency Changes
PJM proposed changes to how it measures and verifies the capacity contribution of energy efficiency resources, drawing concerns the RTO is moving too fast to implement changes ahead of the next capacity auction.

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