Markets

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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.
© RTO Insider LLC
Portland General Electric Formalizes EDAM Commitment
Portland General Electric became the second entity in the Western U.S. after PacifiCorp to sign an implementation agreement for the Extended Day-Ahead Market.
© RTO Insider LLC 
Busy Summer Ahead for Pathways Initiative
Participants in the West-Wide Governance Pathways Initiative face a busy meeting schedule this summer as the group’s leaders look to advance on parallel fronts to develop a Western “regional organization.”
© 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. 
Potomac Economics
NEPOOL Holds Summer PC Meeting amid New England Heat Wave, Climate Protests
NEPOOL held its annual summer Participants Committee meeting in New Hampshire during a multiday stretch of extreme heat and high demand on the New England grid.
MISO
FERC Approves Sloped Demand Curve in MISO Capacity Market
After two requests for more information and nine months, FERC has greenlit MISO’s plan to exchange its current, vertical curve for sloped demand curves in its seasonal capacity auctions.
Moonwater Capital
PUCN Sets Framework for NV Energy’s EDAM Participation
As NV Energy moves forward with plans to join CAISO’s Extended Day-Ahead Market, Nevada regulators have laid out a framework for how the company can seek approval for EDAM participation.
ERCOT
ERCOT Board of Directors Briefs: June 17-18, 2024
ERCOT’s Board of Directors has passed one contentious protocol change and tabled another that have divided stakeholders and staff and led the IMM to argue against the heavy use of ECRS.
Renewable Northwest
Group Claims Powerex Backing Markets+ to Benefit from Divided West
A new study commissioned by Renewable Northwest says Powerex is poised to benefit if the West ends up divided between CAISO’s EDAM and SPP’s Markets+.

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