January 18, 2025

Energy Market

© RTO Insider LLC
MISO Says Rigorous Accreditation Key to Managing Future Market Ops, Reviews Mostly Calm Winter
MISO’s imminent filing for a new capacity accreditation is a crucial first step to get ready for a more complex and challenging future, executives told attendees during March Board Week.
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CAISO’s EDAM Scores Key Wins in Contested Northwest
CAISO scored simultaneous victories in heavily contested territory after Portland General Electric and Idaho Power both signaled their intent to join the Extended Day-Ahead Market.
FERC, via Hitachi ABB Power Grids Velocity Suite
FERC: Markets Stable in 2023; Gas Continues to Dominate Mix
2023 began with a mild winter, setting the pace for a relatively quiet year in which natural gas and wholesale electricity prices dropped and the U.S. added a net 26 GW in generation capacity.
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PJM Monitor Finds Markets Overall Competitive
Average load-weighted electricity prices in PJM fell by around half in 2023, the Independent Market Monitor said in its annual State of the Market Report.
CAISO
CAISO, Stakeholders Consider 2 GHG Mechanisms for EDAM

CAISO stakeholders and staff could soon be weighing two options for enabling the EDAM to track GHGs in a way that accommodates the patchwork of different carbon reduction programs across Western states.

West-Wide Governance Pathways Initiative
Pathways Initiative Discloses Funders, Reiterates Goals
The West-Wide Governance Pathways Initiative has secured commitments of financial support from 24 utilities and other electricity-sector organizations and expects that list to grow.
Analysis Group
NYISO Business Issues Committee Briefs: March 13, 2024
The NYISO Business Issues Committee approved proposed tariff changes to allow energy storage resources co-located with a dispatchable generator behind a single point of interjection to participate in the markets.
U.S. House Committee on Oversight and Accountability
House Oversight Examines Grid Reliability and Resource Adequacy
Former FERC Commissioner James Danly told a House Oversight subcommittee that federal subsidies overvalue some resources, while undervaluing others, putting the future of the grid at risk.
Shutterstock
PJM MIC Briefs: March 6, 2024
PJM's Market Implementation Committee endorsed a PJM proposal to revise how it measures and verifies the capacity that energy efficiency resources may enter into Base Residual Auctions.
CAISO
DMM: CAISO Transfer Limitations During Q3 Heat Waves Led to Price Disparities
CAISO's Department of Market Monitoring found that limits on WEIM imports last year led to increased transmission congestion in the ISO's markets.

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