Energy Market
The NYISO Business Issues Committee approved, in concept, implementation of the ISO’s new firm fuel election process and requirements as part of its changes to capacity accreditation.
PJM’s markets provided reliable service in 2024, but tightening supply and demand are laying bare design flaws that have inhibited the competitiveness of the RTO’s markets, the Independent Market Monitor wrote in its 2024 State of the Market Report.
A recent study that contributed to El Paso Electric’s decision to join SPP’s Markets+ rather than CAISO’s Extended Day-Ahead Market has raised questions among New Mexico regulators.
FERC is expected to rule on SPP’s proposed tariff revisions adding a winter season resource adequacy requirement and several other issues related to the grid operator.
ISO-NE provided stakeholders with a high-level overview of its proposed prompt capacity market design and discussed several other aspects of its capacity auction reform project at a two-day meeting of the NEPOOL Markets Committee.
A New Mexico Public Regulation Commission workshop aimed to restore trust between the commission and El Paso Electric after the utility’s surprise announcement in January that it planned to join SPP’s Markets+.
MISO emerged from winter 2024/25 without turning to emergency procedures despite wide-ranging winter storms Jan. 6-9 and again Jan. 20-22.
The PJM Market Implementation Committee endorsed by acclamation an RTO-sponsored issue charge to consider changes to how resources committed in advance of the day-ahead market are offer capped.
Attendees at Yes Energy's annual summit, EMPOWER 25, discussed the Trump administration, pending ERCOT market changes, the future of wind power generation and uses for artificial intelligence, among other topics.
Former FERC and Texas PUC Chair Pat Wood talked about the early days of power markets and their future at Yes Energy's EMPOWER Conference.
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