November 24, 2024

Energy Market

NWS and NOAA
Late August Heat Wave Delivers 122-GW MISO Summer Peak
MISO set its 122-GW summertime peak on the unofficial last week of summer, with widespread heat necessitating back-to-back maximum generation warnings.
Black Hills Energy
CAISO’s WEIM Plucks Black Hills Utilities from SPP’s WEIS
CAISO scored a geographically small but symbolically significant victory with the announcement that two Black Hills Energy subsidiaries will move to the ISO’s Western Energy Imbalance Market.
JIRSA Hedrick
Colorado PUC Adopts Rules for Utility Participation in Markets
Colorado’s investor-owned utilities must compare available alternatives when asking regulators for approval to participate in an RTO or ISO, but not to join a day-ahead market.
Bonneville Power Administration
BPA Postpones Day-ahead Market Decision Until 2025
The Bonneville Power Administration will delay its decision on choosing between SPP’s Markets+ and CAISO’s Extended Day-Ahead Market until May 2025.
PJM
PJM MRC/MC Briefs: Aug. 21, 2024
Consumers and electric distributors in PJM opposed a proposal to revise two financial parameters used to calculate the cost of new entry input to the 2027/28 Base Residual Auction.
Stanford Woods Institute for the Environment
Single Western Market Best for Reliability Needs, Panelists Say
A single Western market is one of the safest bets to address the region’s reliability and cost issues in the face of extreme weather events, proponents of the West-Wide Governance Pathways Initiative said during a panel discussion.
MISO
MISO Predicts Painless Fall Despite Missouri Capacity Shortfall
MISO doesn’t believe autumn will prove much trouble for it to tackle, though it faces a capacity shortfall in Missouri.
Bonneville Power Administration
BPA to Delay Day-ahead Market Decision, Sources Say

The Bonneville Power Administration will delay its Western day-ahead market choice beyond a scheduled Aug. 29 announcement date and likely will extend the decision-making process into 2025, according to multiple sources.

CAISO
CAISO Kicks Off New Initiative to Streamline Bilateral Trading

A new initiative to streamline and expand bilateral trading in the Western Energy Imbalance Market and Extended Day-Ahead Market has been launched, marking another step toward EDAM implementation.

RWE
CAISO Adjusts Timeline for Storage Bid Cost Recovery Initiative
Responding to stakeholder pushback, CAISO has extended the timeline of its initiative refining bid cost recovery provisions for storage resources to allow for more discussion.

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