Energy Market
Gov. Greg Abbot rejected calls to fire PUC Chair Arthur D’Andrea, who has refused to reprice billions of ERCOT transactions during February’s winter storm.
While it warns of more system risk in the coming years, MISO is preparing for an unremarkable spring and a routine capacity auction.
MISO stakeholders were shocked to learn that the RTO needs another few years to allow energy storage to participate in its markets.
PJM’s Monitor sounded alarms about market power in the energy and capacity markets and said it may intervene in the RTO’s next capacity auction.
The Western Energy Imbalance Market approved two CAISO measures and endorsed a third to improve reliability, mitigate capacity shortfalls.
The Senate ENR Committee pressed NERC CEO Jim Robb and PJM CEO Manu Asthana for an explanation of the February winter storm and resulting outages in Texas.
Texas utilities are coming up short on payments to ERCOT, as the state legislature begins considering restructuring the grid operator's governance.
Distributed energy resources will function best in MISO’s markets if aggregations are limited to a single pricing node, RTO officials said.
CAISO’s Market Surveillance Committee has endorsed a set of rule changes designed to avoid shortfalls this summer.
The energy industry’s largest international gathering, CERAWeek by IHS Markit, was held virtually with “unprecedented” participation.
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