Western Regional Electricity Market Progress Continues to be Made
Today, the Launch Committee for the West-Wide Governance Pathways Initiative released Step 2 of its Straw Proposal, which proposes to establish a new, independent Regional Organization (RO) to govern existing regional energy markets (EIM and EDAM), as well as potentially provide additional market services in the future. Clean energy industry representatives from Advanced Energy United, Renew Home, Enel North America, and Leap provided the following statements on the proposal, which will also help advance efforts to build a regional transmission organization (RTO) in the West.
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Topics:
Wholesale Markets,
Press Releases,
Leah Rubin Shen,
Western RTO,
California
Utility Dive reports on a the release of a new report, co-commissioned by United, that calls for grid interconnection reforms to advance cost certainty and transparency, speed and schedule certainty, and remove barriers to market access. The article quotes United's Caitlin Marquis, who emphasizes the importance of reshaping the interconnection process as electricity demand increases.
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Topics:
Wholesale Markets,
United In The News,
Caitlin Marquis,
FERC
Renewable Energy World reports that Southwest Power Pool (SPP), one of nation's largest regional transmission organizations, has requested that the Federal Energy Regulatory Commission (FERC) postpone 2024 interconnection requests and hold off on accepting new ones until the grid operator can catch up on previous clusters. In the article, United's Lisa Barrett categorizes SPP pausing its queue as disappointing.
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Topics:
Wholesale Markets,
United In The News,
FERC,
Lisa Barrett
Reforms needed to expeditegenerator interconnection amidst growing demand for electricity
WASHINGTON, DC – Amid growing demand for electricity, a new report from Grid Strategies LLC and The Brattle Group recommends additional reforms to “generator interconnection,” the process by which new, large-scale energy resources are connected to transmission grids. The report, Unlocking America’s Energy: How to Efficiently Connect New Generation to the Grid, calls for new approaches to interconnection that can move new generation projects more quickly to completion while providing up-front cost certainty.
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Wholesale Markets,
Press Releases,
FERC
Renewable Energy World reports Maryland State Senator Ron Watson and five state delegates released a joint statement condemning the recent spikes in electricity prices within the PJM territory. The article cites United’s Generator Interconnection Scorecard, which assigned PJM with a “D-,” one of the worst scores across the nation, for its management of generation interconnection.
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Topics:
Wholesale Markets,
United In The News,
Maryland
Approval marks a significant development for the West, says Advanced Energy United
The California Independent System Operator (CAISO) approved the first step of the West-Wide Governance Pathways Initiative’s straw proposal. Step 1 of the straw proposal increases the independence of the existing CAISO real-time and day-ahead markets’ governance by providing more autonomy to the existing Western Energy Market Governing Body.
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Topics:
Wholesale Markets,
Press Releases,
Leah Rubin Shen,
Western RTO,
California
Canary Media discusses a recent spike in electricity prices by PJM, the largest power market in the country. The article quotes United's Jon Gordon, who speaks to how PJM's interconnection queue delays are exacerbating market issues and negatively impacting energy costs.
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Topics:
Wholesale Markets,
United In The News,
Jon Gordon
E&E News reports on an announcement by PJM, the largest U.S. power grid operator, to increase 9-fold in capacity price for electricity across its 13-state footprint. In the article, United's Jon Gordon speaks to how PJM's poor planning and insufficient electric transmission build-out will leave consumers paying the price.
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Topics:
Wholesale Markets,
United In The News,
Jon Gordon
Consumers paying the price for poor planning and insufficient electric transmission build-out
WASHINGTON, DC – Today, the largest U.S. power grid operator, PJM, announced a 9-fold increase in capacity price for electricity across its 13-state footprint, with costs jumping from $28.92 per megawatt-day to $269.92 per megawatt-day.
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Topics:
Wholesale Markets,
Press Releases,
Jon Gordon
Dynamic Line Ratings use sensors to determine how much electricity a transmission line can safely transmit
WASHINGTON, DC – Today, the Federal Energy Regulatory Commission (FERC) announced an advanced notice of a proposed rulemaking aimed at guiding transmission providers to implement Dynamic Line Ratings (DLR), a technology that determines the true, real-time capacity of a power line.
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Topics:
Wholesale Markets,
Press Releases,
Caitlin Marquis,
FERC
