Markets
The first biennial test of voltage-reduction capability was a success, PJM told the Operating Committee during its meeting.
ERCOT has set a December 2025 target go-live date for its real-time co-optimization project, which is expected to add millions in savings to its market.
CAISO is reconsidering its proposal to address unwarranted bid cost recovery payments for storage resources following internal analysis that suggested the proposed solution wouldn’t sufficiently address the problem.
MISO’s new day-ahead market clearing engine should move into standalone production near the end of September following a delay in testing, RTO executives said.
ISO-NE’s Capacity Auction Reforms project will include an evaluation of additional resource accreditation modeling enhancements, the RTO told the NEPOOL Markets Committee.
The Independent Market Monitor has argued energy efficiency can’t participate as a capacity resource because the load reductions already are accounted for in PJM’s load forecast.
The Reserve Certainty Senior Task Force is voting on a PJM proposal to add hourly differentiated notification times to the RTO’s day-ahead energy market.
FERC approved a deal in which BlackRock would buy all the limited liability company interests in Global Infrastructure Management for $3 billion in cash and 12 million shares of BlackRock Funding.
The NEPOOL Participants Committee voted to update the Generation Information System to enable the transfer of hourly certificates, opening the door for the sale of hourly renewable energy credits.
The Bonneville Power Administration plans to contribute its full share of funding for Phase 2 of SPP’s Markets+, an executive with the federal power agency has said.
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