November 21, 2024

Energy and Environmental Economics (E3)

City of Seattle
Markets+ Leaning ‘Alarming,’ Seattle City Light Tells BPA
BPA’s insistence on favoring joining SPP’s Markets+ over CAISO’s Extended Day Ahead Market is “alarming” and could lead to $221 million in economic advantages going up in smoke, Seattle City Light argued.
© RTO Insider LLC 
Rising Tensions Evident at BPA Day-ahead Markets Workshop
A polite discussion at a BPA day-ahead market participation workshop ended on a testy note as critics of the staff leaning in favor of SPP’s Markets+ urged the agency to rethink its position and consider once again delaying a market decision.
E3
BPA Sticks to Markets+ Leaning Despite Study Showing EDAM Benefits

New findings from a much-anticipated study have “not shifted” BPA's staff recommendation that the agency choose SPP’s Markets+ over CAISO’s — despite results showing greater economic benefits from EDAM.

ISO-NE
ISO-NE Consumer Liaison Group Talks Potential of Offshore Wind
Activists, ISO-NE officials, and state representatives from across New England convened in New London, Conn., to discuss the benefits of offshore wind to the region’s power system.
Northeast States Collaborative on Interregional Transmission
10 Northeastern States Sign MOU on Interregional Transmission Planning
Ten East Coast states signed a memorandum of understanding to set up a framework to coordinate interregional transmission planning and development.
Brattle Group
Nev. RTO Effort Turns Focus to NV Energy Day-ahead Studies
A key factor in the CAISO EDAM advantage is the benefits the utility would lose by leaving the Western Energy Imbalance Market, a Brattle Group consultant said.
Admin Monitor
Texas Regulators Slow PCM’s Development
Texas regulators pumped the brakes on the proposed performance credit mechanism’s development, making it clear that they and stakeholders will be involved in the market tool’s design.
WAPA
WAPA DSW Cites Lack of Benefits in Markets+ Withdrawal
WAPA's Desert Southwest Region pulled out of the second phase of developing SPP's Western day-ahead market after determining it would see few benefits from participating in either Markets+ or EDAM.
Energy and Environmental Economics (E3), Ava Community Energy and Gridworks
Targeted Electrification ‘Promising but No Silver Bullet’ for Gas Cost Dilemma
Targeted electrification could allow decommissioning of up to 10% of gas mains but is no silver bullet for solving the gas cost challenge, researchers say.  
© RTO Insider LLC
Overheard at Infocast’s 2024 ERCOT Market Summit
Infocast's annual ERCOT Market Summit fell during the third anniversary of the devastating February 2021 winter storm, giving speakers plenty of fodder for discussion.

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