Energy Market
June brought a 2-GW lower peak than anticipated and unchanged real-time and fuel prices from last year, MISO said in a monthly operations report.
The PJM MRC endorsed one of two proposals to revise how the RTO uses reserve resources, approving a deployment scheme where instructions are sent by basepoints, while rejecting a parallel proposal to grant operators the ability to dynamically increase market procurements.
The new "RO" envisioned by the West-Wide Governance Pathways Initiative might be based near CAISO’s headquarters in Folsom, Calif., according to a straw proposal.
FERC said it needs more explanation behind MISO’s plan to use a capacity accreditation that would accredit resources based on a combination of their projected availability and historical performance during periods of high system risk.
The senators representing Oregon and Washington urged the agency to delay its decision to join a Western day-ahead electricity market until developments play out further around SPP’s Markets+ and CAISO’s EDAM.
FERC ruled that New Brunswick Energy Marketing does not appear to have horizontal market power in the New Brunswick balancing authority area, concluding a Section 206 proceeding that came out of a failed market share screening test.
FERC approved NYISO’s proposed tariff revisions to more accurately accredit natural gas resources’ capacity, but the commission delayed their implementation until 2026.
CAISO will recommend its board approve a proposal to eventually give the WEM Governing Body increased authority over both the Western EIM and EDAM.
Coal plants in the Central U.S. are elbowing out lower-cost, cleaner generation and have collected more than $1 billion in uneconomic payments over a three-year span, the Natural Resources Defense Council said in a new report.
NYISO’s Business Issues and Operating committees met to discuss and vote on updates to the ISO’s Ancillary Services manual.
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