Energy Market
WAPA's Desert Southwest Region pulled out of the second phase of developing SPP's Western day-ahead market after determining it would see few benefits from participating in either Markets+ or EDAM.
NV Energy is aiming to bring a proposal to Nevada regulators by the end of the year for joining a day-ahead market, but what process regulators will use to evaluate that request is still very much up in the air.
NV Energy would gain significantly more economic benefits from participating in CAISO’s EDAM than SPP’s Markets+, new analysis from the Brattle Group shows.
NV Energy and several stakeholder groups have weighed in on how Nevada regulators should evaluate a request from the utility to join a day-ahead market or RTO.
A dispute around the January cold snap that forced Northwest utilities to sharply increase electricity imports to meet surging demand has become a proxy for the broader day-ahead market contest between CAISO and SPP.
MISO says its extensive analysis shows its current $3,500/MWh value of lost load should be raised to $10,000/MWh.
The Public Power Council has asked the Bonneville Power Administration to choose SPP’s Markets+ when the agency issues its day-ahead market “leaning” in April.
FERC threatened to revoke Idaho Power’s market-based rate authority in its home territory, citing the utility’s failure of a key market power test.
CAISO staff and stakeholders are looking to address an inconsistency in how the ISO tests for structural market competitiveness inside and outside of its balancing authority area in the Western Energy Imbalance Market.
ISO-NE, MISO, PJM and SPP released a report calling for improvements to the coordination of the electric and natural gas systems.
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