Markets
CAISO’s Market Monitor cautioned that a new resource adequacy proposal could lead to strategic gaming in the ISO’s market when capacity supplies are tight on the grid.
Democrats introduced a FERC-heavy bill to control electricity costs, House Energy & Commerce Committee Republicans tout bills passed out of committee, DOE returns $13 billion and some details from the Dallas Fed survey.
As NYISO continues its Capacity Market Structure Review, the Market Monitoring Unit used its second-quarter State of the Market report to highlight potential issues with how the ISO forecasts resource availability.
SPP named Tim Vigil, chief member relations and strategy officer for Pacific Northwest Generating Cooperative, as director of the Market Monitoring Unit’s office dedicated to Markets+.
California Gov. Gavin Newsom signed into law the bill that will allow CAISO to transition the governance of its markets to an independent “regional organization,” along with five other bills related to energy and emissions.
MISO said 2025 was the most demanding summer since 2012, though it steered the grid with only a single maximum generation event.
A developer in Maine is evaluating whether pumped storage – one of the oldest generation technologies still used on the New England grid – could play an increased role in the grid of the future.
PJM revised elements of its proposal to create a non-capacity backed load product for large loads as the Critical Issue Fast Path embarks on determining how to address the reliability challenges posed by accelerating data center load growth.
With California passing the bill designed to transition the governance of CAISO’s markets to an independent regional organization, new challenges await the West-Wide Governance Pathways Initiative as the coalition seeks to turn a once-elusive goal into reality.
MISO’s Independent Market Monitor said the recently uncovered, eight-year-old repeat error in the RTO’s capacity market that caused a $280 million impact in this year’s auction alone is unfortunate but insisted the resulting prices were efficient.
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