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New England energy market revenues increased by roughly 150% in the winter of 2024/25 compared to the prior winter.
MISO estimates its savings and efficiencies benefited its members to the tune of just over $5 billion over 2024.
ERCOT stakeholders have begun discussions on a pair of protocol revision requests related to the grid operator’s real-time co-optimization and battery project, set to go live in December.
ISO-NE revised its compliance proposal for FERC Order 904 to allow generators to be compensated for reactive power outside the standard power factor range.
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.
PJM presented stakeholders with proposed manual revisions to implement a requirement that dual-fuel generators must offer schedules with both of their fuels into the energy market during the winter, as well as changes to the operational and seasonal testing for capacity resources.
During its last meeting of the year, the NYISO Management Committee approved two proposals that would institute a new design for the reserve market and alter a calculation used in the regulation service market.
PJM's Adam Keech told the Market Implementation Committee the RTO plans to file governing document revisions with FERC to expand the requirement that resources must offer into the capacity market to also apply to all resources holding capacity interconnection rights.
MISO experienced an October peak load of 84 GW, which was lower than its 99-GW peak during the same period in 2023.
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