Markets
Ohio's governor signed into law a major reform of how the state regulates utilities, eliminating electric security plans that utilities have used to meet demand from non-shopping customers since a 2008 law authorized them.
Though BPA removed any uncertainty by selecting SPP’s Markets+ over CAISO’s EDAM, the debate over whether BPA made the right choice likely will heat up as the West confronts a split into two major markets.
With winter storms, load sheds and tight operating conditions, 2025 has turned out to be “quite a challenging year” for SPP.
Stakeholders expressed confusion and concern with the most recent updates to NYISO’s operating reserves performance penalty proposal.
PJM’s Market Implementation Committee discussed a proposal to revise its governing documents to allow DR resources to participate in the regulation market when there may be energy injected at the customer’s point of interconnection
The preliminary results of PJM’s look ahead at the capacity available for this summer and the expected peak loads suggest that about 5.4 GW of demand response could be needed to maintain the 3.5-GW real-time primary reserve requirement.
Puget Sound Energy said it is joining Markets+, marking another win for SPP shortly after the Bonneville Power Administration issued its final market policy in favor of the day-ahead market.
Bonneville's final record of decision will come as little surprise to those who’ve been following market developments in the West.
ISO-NE and NEPOOL members discussed how to address market power, tie benefits and resource qualification in a prompt capacity market during a three-day meeting.
In the competition between two Western day-ahead markets — CAISO’s EDAM and SPP’s Markets+ — the two market operators have “sort of played off one another,” an industry observer said during a panel.
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