Energy Market
The PJM Markets and Reliability Committee will consider proposed revisions to Manual 12 and Manual 13, along with several other agenda items.
MISO said damage wrought from Hurricane Beryl triggered an overnight electrical island in a Southeastern Texas load pocket.
SPP attempted to allay concerns about its ability to dispatch power among various Western regions during a webinar intended to illustrate its experience with seams management.
The West faces a “pivotal” opportunity to develop a fresh approach to managing its electricity markets, one that could update RTO governance to better accommodate the public policy.
MISO’s Independent Market Monitor debuted six new market recommendations this year as part of his annual State of the Market report.
MISO said stakeholders have convinced it to design an off switch on its proposed $10,000/MWh value of lost load to use during extended load-shedding events.
MISO’s Market Subcommittee will assist MISO in drafting tariff requirements to discourage market participants from committing fraud in MISO’s demand response market.
Talen Energy’s deal to carve out capacity from its Susquehanna Nuclear Plant to serve a growing data center on its site drew protests at FERC from other parties who argued the deal and others like it could shift costs and threaten reliability.
New York City saw a 221% increase in capacity costs in the first quarter due to the retirement of 600 MW in peaker plants and the increase of more than 300 MW in the local installed capacity requirement.
The D.C. Circuit directed FERC to review a series of 2022 orders requiring wholesale electricity sellers in the West to refund a portion of the high prices they earned during an August 2020 heat wave.
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