Energy Market
A joint package brought forward by PJM, Dominion Energy and Gabel Associates would add intraday real-time commitment runs to the day-ahead market ahead of the three gas nomination cycle deadlines
The Bonneville Power Administration plans to issue a draft decision on its day-ahead market participation in August, followed by a final decision in November.
NYISO CEO Rich Dewey highlighted efficiency improvements and the challenges of the continued electrification at the Jan. 31 MC meeting.
Despite the recent release of results from a study on the two competing day-ahead markets in the West, two New Mexico utilities said they need to conduct more analysis before they make a choice.
The study finds dividing CAISO’s EDAM from SPP’s Markets+ would create seams that pose a different set of problems than challenges seen at the boundaries of full RTOs in other parts of the U.S.
FERC ordered an after-the-fact addendum to MISO’s Order 2222 compliance plan after being alerted to an inconsistency by WPPI Energy.
FERC approved ISO-NE’s proposal to create a day-ahead ancillary services market and retire the current Forward Reserve Market, effective March 1, 2025.
Stakeholders have discussed the likelihood that there may be two day-ahead markets in the West, CAISO’s Extended Day-ahead Market and SPP’s Markets+ and/or RTO West.
PJM said the grid maintained reliability through nearly a week of harsh winter conditions during the winter storm that blanketed much of the nation in mid-January.
The final locational minimum installed capacity requirements for NYISO zones G - J for the 2024/25 capability year were approved by stakeholders at the Operating Committee meeting on Jan. 18.
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