Markets
State regulators have launched a process to develop “guiding principles” regarding participation in a regional day-ahead market or RTO.
John Phelan, CC BY 3.0, via Wikimedia Commons
Several of the NEPOOL members expressed support for delaying the auction a year to help consider and potentially implement significant changes.
FERC shut down the possibility of Entergy and other smaller MISO South providers bypassing a provision within MISO’s availability-based capacity accreditation rules.
PJM presented new risk modeling figures and updates to its critical issue fast path proposal and stakeholders discussed their own proposals during the Aug. 1 CIFP process meeting.
While some stakeholders are ‘charmed’ by SPP’s market initiative effort, others urge need for deeper tie to CAISO.
The Illinois Commerce Commission has instituted a notice of inquiry over the potential benefits of Ameren Illinois quitting MISO to join PJM.
The Western Energy Imbalance Market topped $4 billion in cumulative benefits in the second quarter of 2023, just six months after it topped the $3 billion mark.
MISO presided over routine operations in June, with an average 81-GW load and diminished wholesale prices.
PJM updated its Critical Issue Fast Path proposal, while several additional stakeholder presentations are scheduled for the remaining two meetings before they vote on packages.
PJM's Markets and Reliability Committee discussed proposed issue charges on generator deactivations and reserve certainty, while the Members Committee endorsed a cost recovery structure for investments to comply with IROL-CIP requirements.
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