Markets
CAISO
CAISO will recommend its board approve a proposal to eventually give the WEM Governing Body increased authority over both the Western EIM and EDAM.
United Steel Structures Inc.
Coal plants in the Central U.S. are elbowing out lower-cost, cleaner generation and have collected more than $1 billion in uneconomic payments over a three-year span, the Natural Resources Defense Council said in a new report.
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NYISO
NYISO’s Business Issues and Operating committees met to discuss and vote on updates to the ISO’s Ancillary Services manual.
CAISO
Batteries may be receiving excessive or inefficient bid cost recovery payments in CAISO, an issue that could be exacerbated by the ISO’s recent move to increase its soft offer cap to allow for higher bids by storage resources.
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The Bonneville Power Administration is ramping up its engagement with the West-Wide Governance Pathways Initiative, an executive with the federal power agency said.
PJM
The PJM Markets and Reliability Committee will consider proposed revisions to Manual 12 and Manual 13, along with several other agenda items.
MISO
MISO said damage wrought from Hurricane Beryl triggered an overnight electrical island in a Southeastern Texas load pocket.
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PJM’s Market Implementation Committee endorsed by acclamation a proposal to revise two financial inputs to the quadrennial review to reflect changing market conditions, particularly increased interest rates.
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PJM stakeholders presented several proposals to revise how energy efficiency resources are measured and verified to the Market Implementation Committee.
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