Energy Market
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FERC granted complaints by five utilities against CAISO, nullifying nearly $2 million in penalties for incorrect meter data reporting.
CAISO
Fast-start pricing could fix certain “price anomalies” in CAISO markets more effectively than existing mechanisms for compensating ramping resources, the WEIM Governing Body’s market expert told the group.
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MISO members pondered at Board Week over how quickly the full impact of Order 2222 will be felt across the footprint.
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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 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
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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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 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
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
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.
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