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The SPP Markets and Operations Policy Committee has approved tariff revisions that would implement dispatchable transactions in the real-time energy market.
Managing the often-at-odds priorities of affordability, reliability, and decarbonization will require a delicate balance of innovation, market reforms, and stability, industry experts said at the Northeast Energy and Commerce Association’s Power Markets Conference.
Among other actions, the PJM Markets and Reliability Committee and the Members Committee will consider endorsing various manual revisions.
MISO hopes to mete out different reserve margin obligations to its load-serving entities as it sees bigger perils on the horizon.
The 2,600 GW of wind, solar and storage sitting in interconnection queues across the U.S. represent a major imbalance in energy resources that could lead to brownouts or blackouts, former North Dakota Gov. Doug Burgum (R) said during his Senate confirmation hearing.
FERC accepted MISO’s second try at Order 2222 compliance, allowing MISO time to prepare through mid-2029 before it fully accepts aggregators of distributed energy resources into its markets in 2030.
MISO revealed it will crack down on demand response testing requirements ahead of its spring capacity auction, while some stakeholders argued the stepped-up measures amount to a change that requires FERC approval.
FERC approved price formation reforms for SPP and set questions around resource accreditation for additional proceedings in a pair of orders issued at its regular monthly meeting.
The U.S. Department of Energy has made conditional loan commitments totaling $22.9 billion to utilities for transmission, pipeline and clean power investments.
Chris Wright, President-elect Donald Trump’s nominee to head the Department of Energy, positioned himself as a supporter of an all-of-the-above approach to developing generation and transmission before the Senate Energy and Natural Resources Committee.
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