Energy Market
Office of Gov. Gavin Newsom
California Gov. Gavin Newsom renewed his call for lawmakers to pass a bill to authorize CAISO to relinquish governance of its electricity markets and allow it and the state’s utilities to participate in a new “regional organization” designed to oversee a West-wide market.
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FERC approved CAISO's Western Energy Imbalance Market implementation agreement with Imperial Irrigation District.
IESO
IESO officials say they are shifting from correcting implementation problems to seeking structural improvements in their nodal market.
CAISO
CAISO staff showed how the grid operator plans to implement certain parts of its Extended Day-Ahead Market, with stakeholders asking for more time to comment on what they said crossed into potential policy revisions.
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The Oregon Department of Energy’s new draft energy strategy points to the importance of new transmission development and expanding electricity markets for meeting the state's energy goals.
Shutterstock
NYISO shared a detailed analysis of New York’s late June heat wave, in which significant operating reserve shortages elevated energy prices.
LS Power
FERC partly granted a complaint from LS Power challenging the calculation of opportunity cost adders, requiring operating agreement revisions.
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The development of SPP's Markets+ has picked up the pace with stakeholders agreeing on an interim governance structure and representation on the working groups that will handle much of the effort ahead.
DOE
Trade organizations for utilities and large energy consumers seek to intervene in the lawsuit filed in the 9th Circuit Court of Appeals challenging the Bonneville Power Administration’s decision to join SPP’s Markets+ instead of CAISO’s EDAM.
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PJM presented a first read on a proposal to cap resources committed ahead of the day-ahead market at their cost-based offer, and the committee endorsed an expansion of an offer capping issue charge.
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