Southwest Power Pool
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 […]
CAISO’s Energy Imbalance Market Has Taken Big Steps but Faces Competition
California’s energy imbalance market had a good 2020. It passed $1 billion in total benefits, added two powerhouse participants, and filed its first plan for expanding into day-ahead trading.
But the question of how California can share decision-making with other states continues to block that expansion and potential participants […]