September 28, 2024

Energy Market

West-Wide Governance Pathways Initiative
Comments on Western RO Stakeholder Plan Show Complexity of Effort
Stakeholder comments filed with the West-Wide Governance Pathways Initiative illustrate the complexity of building the new kind of Western regional organization envisioned by backers of the effort.
Shutterstock
NYISO Offers Final Staff Recommendations for Demand Curve Reset
NYISO presented its final interim staff recommendations for the demand curve reset for 2025-2029 at the Installed Capacity Working Group’s meeting, with minor updates to some metrics.
SEEM
SEEM Opponents Push Back on Supporters’ Claims
SEEM's opponents argued that FERC should recognize the market as a loose power pool and regulate it accordingly.
PJM
PJM MIC Briefs: Sept. 11, 2024
PJM presented how the planning parameters for the 2026/27 Base Residual Auction affected the variable resource rate curve, which intersects with supply and demand to determine auction clearing prices.
CAISO
CAISO Backtracks on Proposal to Refine Battery BCR
CAISO is reconsidering its proposal to address unwarranted bid cost recovery payments for storage resources following internal analysis that suggested the proposed solution wouldn’t sufficiently address the problem.
Shutterstock
NEPOOL Participants Committee Votes to Support Hourly GIS Tracking
The NEPOOL Participants Committee voted to update the Generation Information System to enable the transfer of hourly certificates, opening the door for the sale of hourly renewable energy credits. 
Travel Portland
BPA to Fund Phase 2 of Markets+, Agency Exec Says
The Bonneville Power Administration plans to contribute its full share of funding for Phase 2 of SPP’s Markets+, an executive with the federal power agency has said.
Bonneville Power Administration
‘Leaning’ Evident in BPA Response to NW Senators
CAISO’s adoption of the Pathways Initiative’s “Step 1” changes won't overcome BPA’s objections to the governance of the ISO’s EDAM, Administrator John Hairston told U.S. senators from the Pacific Northwest.
The Brattle Group
Brattle New Mexico Study Shows EDAM Benefits Outpacing Markets+
A new study may dispel the notion that New Mexico utilities must follow the day-ahead market choice of their Arizona counterparts in order to realize benefits from market participation.
MISO
Changing System Drives MISO to Scrutinize Guiding Market Principles
MISO is conducting a check-in with stakeholders to gauge whether its market design guiding principles are still valid in a changing industry.

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