Markets
Stakeholders in SPP’s Western Imbalance Service market unanimously approved its Feb. 1 launch, the last major milestone in a project that began in 2019.
MISO said it will soon present proposals for reformulating its VoLL while its IMM once again urged the RTO to nearly triple the current value.
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability and Members committees on Jan. 27, 2021.
ISO-NE said stakeholders’ proposed schedule for the Phase 1 reliability and market analyses in the Future Grid Initiative is "aggressive but achievable."
Peak demand was lower in December than in years past, MISO executives said during an informational forum.
FERC stopped short of ordering RTOs/ISOs to modify market rules to foster hybrid resources, instead directing them to submit reports on existing efforts.
FERC mostly accepted PJM’s tariff revisions accounting for when the default offer price floor exceeds the market seller offer cap under the expanded MOPR.
NEPOOL’s Markets Committee recommend the Participants Committee support tariff changes that would prevent resources from locking in prices for seven years.
Stakeholders at PJM's MIC meeting challenged the use of the “quick fix process” and endorsed a proposed package addressing PRD credits.
Texas regulators denied complaints by ERCOT market participants and rejected an administrative law judge’s decision on the ISO’s price-correction practices.
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