November 24, 2024

Energy Market

MISO
MISO: Hurricane Beryl Caused Electrical Island in Texas
MISO said damage wrought from Hurricane Beryl triggered an overnight electrical island in a Southeastern Texas load pocket.
WECC
SPP’s Experience with Seams Could Help Markets+
SPP attempted to allay concerns about its ability to dispatch power among various Western regions during a webinar intended to illustrate its experience with seams management.
© RTO Insider LLC
Pathways Participants See ‘Pivotal’ Chance to Build New Kind of RTO
The West faces a “pivotal” opportunity to develop a fresh approach to managing its electricity markets, one that could update RTO governance to better accommodate the public policy.
© RTO Insider LLC
MISO Monitor Spotlights Congestion Fixes, Market Mismatches in 2023
MISO’s Independent Market Monitor debuted six new market recommendations this year as part of his annual State of the Market report.
© RTO Insider LLC
MISO to Limit Use of $10K VOLL During Long-duration Outages
MISO said stakeholders have convinced it to design an off switch on its proposed $10,000/MWh value of lost load to use during extended load-shedding events.
© RTO Insider LLC
MISO Subcommittee to Act on Bad Actor Demand Response
MISO’s Market Subcommittee will assist MISO in drafting tariff requirements to discourage market participants from committing fraud in MISO’s demand response market.
Jakec, CC BY-SA 4.0, via Wikimedia Commons
Talen Energy Deal with Data Center Leads to Cost Shifting Debate at FERC
Talen Energy’s deal to carve out capacity from its Susquehanna Nuclear Plant to serve a growing data center on its site drew protests at FERC from other parties who argued the deal and others like it could shift costs and threaten reliability. 
Potomac Economics
NYISO Monitor: NYC Capacity Costs Rose 221% in Q1
New York City saw a 221% increase in capacity costs in the first quarter due to the retirement of 600 MW in peaker plants and the increase of more than 300 MW in the local installed capacity requirement.
Shutterstock
FERC Must Apply Mobile-Sierra to Western Soft Cap Refunds, Court Finds
The D.C. Circuit directed FERC to review a series of 2022 orders requiring wholesale electricity sellers in the West to refund a portion of the high prices they earned during an August 2020 heat wave.
Shutterstock
FERC Approves LS Power Gas Plant Purchase Despite PJM Monitor’s Concerns
FERC approved LS Power’s purchase of an 810-MW natural gas plant in central Pennsylvania despite some qualms from PJM’s Independent Market Monitor. 

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