Markets
ISO-NE’s new day-ahead ancillary services market added about $258 million in incremental costs between March and August, equal to 7.6% of total energy market costs.
Reply comments to the Department of Energy’s Advance Notice of Proposed Rulemaking to FERC on large loads offered differing paths for the commission to potentially take.
ISO-NE continued work on the second phase of its Capacity Auction Reform project, discussing modeling of the region’s gas constraints, seasonal auction design and its approach to evaluating the impacts of the auction changes.
CAISO and SPP have made “significant progress” on adapting existing tools to tackle seams between the two entities’ respective day-ahead markets, according to a CAISO representative.
Louisiana-based power generator Pelican Power is the first to register a complaint over MISO’s yearslong miscalculation in its capacity auctions in an effort to stop the RTO’s retroactive pricing corrections.
PJM’s forecasting of hourly peak loads continued to improve in November, with an error rate of just 1.17%, staff told the RTO’s Operating Committee.
Among other issues, PJM presented a quick fix proposal to address instances in which offline generators are committed as secondary reserves and granted lost opportunity cost credits.
IESO says record-high clearing prices in its capacity auction will have little impact on ratepayers because the ISO's medium- and long-term procurements play a larger role in the region’s resource adequacy.
Raab Associates held its final New England Electricity Restructuring Roundtable, bringing reflections from speakers about the legacy of restructuring and the future of the power sector in the region.
As the Bonneville Power Administration prepares to join Markets+, the agency hopes to complete the initial program governance setup and define its commercial model for market participation in early 2026.
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