Markets
With go-live dates for its first two participants looming in May and October of next year, implementation activities for CAISO’s EDAM are ramping up.
A workshop on the West-Wide Governance Pathways Initiative has sparked praise for the proposal as well as concerns, including uneasiness over plans to share staffing between CAISO and a new regional organization that would govern Western electricity markets.
ISO-NE continued discussions with stakeholders on its capacity auction reform project at the NEPOOL Markets Committee, providing more information on planned changes to the resource retirement process.
PJM’s Market Implementation Committee narrowly endorsed a PJM proposal to use ELCC to model the availability of demand response resources in all hours, along with other changes to how DR accreditation is determined.
NYISO opened the Installed Capacity Working Group meeting by telling stakeholders it is assessing the impact of President Donald Trump’s 10% tariff on “energy resources from Canada” on its markets.
NYISO laid out for the Installed Capacity Working Group its proposal to remove operating reserve suppliers that consistently underperform from the market until they pass a requalification test.
The Members Committee was sharply divided on an agreement in principle between PJM and Pennsylvania Gov. Josh Shapiro to institute a cap and floor on capacity prices for the 2026/27 Base Residual Auction and the following auction.
Republicans in Congress have introduced a bill that would let dispatchable generation needed for reliability cut the line in the interconnection queues, requiring FERC to draft rules to implement the proposal.
Financial backers of Phase 2 of SPP’s Markets+ have until Feb. 14 to submit executed funding agreements, the RTO said.
FERC Chair Mark Christie gave public remarks to NASEO's conference, laying out some of the major issues the agency will tackle under his leadership.
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