September 29, 2024

Energy Market

SEEM
FERC Requests Briefings on SEEM After DC Circuit Order
FERC requested stakeholder arguments on whether SEEM should be considered a loose power pool under Order 888.
Xcel Energy
Texas Supreme Court Rules for ERCOT, PUC During Uri
The Texas Supreme Court ruled ERCOT and the Public Utility Commission were within the law when they raised wholesale prices to more than 300 times above normal during Winter Storm Uri.
Idaho Power
FERC Approves EDAM Tx Revenue Recovery Plan
FERC approved CAISO tariff revisions that will allow transmission owners to recover transmission revenue shortfalls attributed to transitioning their assets into the Extended Day-Ahead Market.
NYISO
NYISO Board/MC Briefs: June 11, 2024
Emily Chen, an analyst with FERC’s Office of Energy Market Regulation, gave a briefing on Orders 1920 and 1977 to members of the NYISO Management Committee during a joint meeting with the ISO’s Board of Directors. 
© RTO Insider LLC
PJM MIC Briefs: June 5, 2024
PJM’s Market Implementation Committee endorsed by acclamation a proposal to add two energy market parameters for economic demand response.
SPP
SPP Files to Incorporate Western Entities into RTO
SPP filed bylaw amendments at FERC to place seven Western entities under its tariff that, if approved, will make the RTO the first grid operator with markets in both major interconnections.
Western Power Pool
FERC Allows Berkshire Utilities to Earn Market-based Rates in WRAP
FERC approved tariff revisions by Berkshire Hathaway Energy subsidiaries PacifiCorp, Nevada Power and Sierra Pacific Power that will enable the utilities to earn market-based rates when participating in the WRAP.
CAISO
Market Footprint Critical for EDAM Decision, NV Energy Says
The growing footprint of CAISO’s Extended Day-Ahead Market was a critical factor in NV Energy’s decision to join it rather than the competing Markets+ offering from SPP, the utility said in a regulatory filing.
Entergy
FERC OKs MISO Settlement Rules for Widespread Tx Outages

FERC ruled that MISO can apply new settlement practices to generators physically disconnected from the grid during extensive transmission outages triggered by extreme events.

West-Wide Governance Pathways Initiative
Pathways Backers Advance WEIM/EDAM Governance Proposal
Backers of the West-Wide Governance Pathways Initiative will move quickly on a proposal to alter the governance of CAISO’s Western EIM and EDAM after voting to approve the plan.

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