Energy Market
In an ongoing high-stakes analysis, CAISO has determined that transactions between PacifiCorp’s two balancing authority areas can “materially” affect parallel flows on certain CAISO transmission constraints.
The artificial intelligence industry and power industry are working together to develop the first “power-flexible AI factory” at a 96-MW facility in Manassas, Va.
MISO said even a 109-GW peak this winter shouldn’t prove problematic, though a more probable scenario would deliver a 103-GW peak in January.
PacifiCorp and Portland General Electric remain on track to join CAISO’s Extended Day-Ahead Market on their planned entry dates, although the schedule remains “very tight and very aggressive."
The West-Wide Governance Pathways Initiative’s Launch Committee Co-Chair Pam Sporborg said the stakeholder process of the new regional organization that will oversee CAISO’s energy markets is an evolution of the ISO’s Regional Issues Forum.
Panelists at S&P Global’s Nodal Trader Conference discussed the impact of demand growth and uncertain load forecasts on markets.
PJM’s Markets and Reliability Committee endorsed by acclamation a proposal to use only cost-based offers for resources committed in advance of the day-ahead energy market.
ERCOT can ensure long-term reliability with its energy-only market, but it must operate its grid less conservatively for that to happen, said Potomac Economics President David Patton.
ISO NE CEO Gordon van Welie talked about the evolving grid in New England and how markets are changing and what the future holds as state policies drive higher demand and increasing decarbonization.
Year-over-year prices rose in MISO to serve a typical September peak.
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