Markets

PJM
PJM OC Briefs: Sept. 12, 2024
The first biennial test of voltage-reduction capability was a success, PJM told the Operating Committee during its meeting. 
© RTO Insider LLC
ERCOT Sets Go-live Date for RTC, ESR Project
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
CAISO Backtracks on Proposal to Refine Battery BCR
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
New MISO Day-ahead Market Engine to Emerge Soon After Delay
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.
© RTO Insider LLC
ISO-NE Responds to Feedback on Capacity Auction Reforms Scope
ISO-NE’s Capacity Auction Reforms project will include an evaluation of additional resource accreditation modeling enhancements, the RTO told the NEPOOL Markets Committee.
© RTO Insider LLC
PJM Asks FERC to Eliminate Energy Efficiency from Capacity Market
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.
© RTO Insider LLC
PJM Stakeholders Voting on Hourly Reserve Notification Times
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.
Shutterstock
FERC Approves $3B BlackRock Deal for Global Infrastructure LLCs
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.
Shutterstock
NEPOOL Participants Committee Votes to Support Hourly GIS Tracking
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. 
Travel Portland
BPA to Fund Phase 2 of Markets+, Agency Exec Says
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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