Energy Market
An NV Energy executive provided the strongest public indication yet as to why the utility is poised to choose the ISO's Extended Day-Ahead Market over SPP’s Markets+.
Five years after it introduced rules to curb generators’ uninstructed deviations from dispatch instructions, MISO said such departures are worse than ever and it likely needs to strengthen rules and software.
MISO expects a hot summer and should be able to survive load peaks into the 120-GW range, but the system could be on the brink if a scorching day produces demand near 130 GW.
As a next step in deciding which of two competing Western day-ahead markets to join, two of the state's utilities are commissioning a study of transfer capability under different market scenarios.
CAISO is proposing to raise the soft offer cap in its market from $1,000/MWh to $2,000 to accommodate the bidding needs of battery storage and hydro resources in time for operations this summer.
FERC granted Nevada Power an exemption simplifying the NV Energy subsidiary’s filing of its triennial updated market power analysis.
BPA’s choice of a day-ahead market will not be driven by concerns about the impact of the seams that would divide the two markets proposed for the West, an agency official made clear.
The PJM Market Implementation Committee endorsed by acclamation a rewrite of Manual 18 to implement market redesigns drafted through the critical issue fast path process.
Lack of visibility into the contract and availability status of the fleet is causing “inefficiencies” in CAISO’s capacity procurement mechanism process, staff and stakeholders said.
CAISO’s first-quarter benefits report offers another footnote to the debate over the market’s role in the response to the January deep freeze that brought parts of the Northwest to the brink of rolling blackouts.
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