CAISO
Inside the Beltway: FERC Goes After Market Violators
The Federal Energy Regulatory Commission recovered 14 times as much in penalties for energy market wrongdoings in 2021 than the year before, Commission Chair Rick Glick reported Nov. 18. There were eight settlements totaling $6.4 million in forfeiture and fines for misdeeds ranging from market manipulation to violations of reliability standards. Additionally, the agency […]
Natural Gas Prices Spike, Solar and Wind Buildout Continues
Meteorologists are forecasting a warmer winter across much of the United States, which often leads to slack demand for natural gas. But this year, increased exports of liquefied natural gas are driving up the price of the fuel, according to Federal Energy Regulatory Commission staff. Global global demand for LNG exports has increased 21% increase compared to last winter.
California Grid Operator Aims for 2024 Regional Day-Ahead Market
The California-led real-time Energy Imbalance Market has delivered significant savings to Western power providers, but other regions’ market ambitions are threatening the plan to expand it to a day-head market in three years.
The Northwest Power Pool is developing a capacity sharing program, and the Southwest Power Pool is developing a day-ahead market. […]
Out-of-State Utilities Join Forces to Consider Western Market
Updated Oct. 13
A dozen utilities from Puget Sound to Colorado have announced they’re exploring the formation of a western-wide trading market amid the shifting energy landscape. Such a market could give the California Independent System Operator a run for its money since it is also currently trying to expand its real-time Western Energy Imbalance […]
Pilots to curb disconnections, diesel backups soar, billion$ for EVs
The California Public Utilities Commission unanimously approves investor-owned utility pilots to reduce the number of poor customers who have their power shutoff because of unpaid utility bills. The quintet also votes to develop a safety culture framework for the private utilities to try and make them safety conscious to the core.
Report Points to Bureaucratic, Legal and Supply Chain Obstacles to Clean Grid
Staff at the California Public Utilities Commission and Energy Commission are required by law and executive order to ratchet down emissions from the electricity sector and simultaneously add new generation to the grid. But a new CEC report points out several ways the agencies and grid operator’s own bureaucracies–as well as matters outside […]