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Grid

CAl-ISO to Consider Imposing Wholesale Caps

The California electric transmission grid operator’s (Cal-ISO’s)26-member board today will consider various proposals from itsmembers and staff for imposing some form of wholesale price capsunder its existing federal authorization to do so. They would betargeted at specific generators or demand levels.

October 4, 2000

CA Joint Legislative Audit of ISO/PX Begins

California’s State Auditor General formally began contacting the state’s nonprofit electric grid operator (Cal-ISO) and wholesale spot power market (Cal-PX) Wednesday in a state legislature-ordered investigation that could lead to the merger of the two entities. The state’s electricity price spikes and supply shortfall this summer prompted legislative action in August ordering the probe.

September 25, 2000

CA Joint Legislative Audit of ISO/PX Begins

California’s State Auditor General formally began contacting thestate’s nonprofit electric grid operator (Cal-ISO) and wholesalespot power market (Cal-PX) Wednesday in a state legislature-orderedinvestigation that could lead to the merger of the two entities.The state’s electricity price spikes and supply shortfall thissummer prompted legislative action in August ordering the probe.

September 21, 2000

Murkowski: Short-term Reliability Fixes Are up to DOE

Rather than “blaming just about everyone and everything” for thereliability problems of the electric transmission grid, SenateEnergy Chairman Frank Murkowski (R-AK) urged Energy Secretary BillRichardson to take “immediate and meaningful action” to address thesituation in the short term, while Congress tries to work out alonger term solution.

July 11, 2000

CA Heat Wave and Nuke Outages Spark Heavy Gas Demand

In the midst of a Stage Two emergency alert by the state gridoperator, California generating plants used every cubic foot ofnatural gas they could squeeze through the state’s pipeline systemto keep the air conditioners humming in response to a statewideheat wave throughout the inland valleys and deserts. The secondstage alert, enacted less than two hours after a Stage One had beencalled, required major utilities to seek voluntary curtailmentsamong some of their largest power users.

May 23, 2000

Prices Keep Rising, But Fall Expected as Northeast Cools

Although the Northeast power grid remained under heavy stressTuesday from an intense heat wave, hourly spot prices for electricitywere backing off from the peaks of $6,000/MWh hit Monday afternoon inthe ISO New England service area (see related story in this issue). Although gasprices continued to advance Tuesday, a large aggregator felt confidentin predicting they will be following power quotes lower today.

May 10, 2000

Two CMS Plants Go On Line in Michigan

Commercial operation began at two CMS Energy gas-firedgenerating plants in Michigan, adding 199 MW of capacity to thestate’s power grid for use this summer. The units, owned by CMSEnergy’s independent power unit, CMS Generation Co., will helpassure electric system reliability during peak demand periods.

June 21, 1999

Congestion Relief for Power Grid Gets FERC Nod

The Federal Energy Regulatory Commission last week voted out twokey companion orders whose objective is to minimize the threat of arepeat of price spikes in the electricity market in the near termand beyond.

May 17, 1999

FERC Raises Number of Intra-Day Noms to Three

In a move FERC said will “create a more integrated and efficientinterstate pipeline grid,” the Commission adopted standards thisweek that will expand from one to three the number of intra-daynomination opportunities for shippers on all interstate pipelines.The intra-day nomination schedule was proposed by the Gas IndustryStandard’s Board in March, by FERC in a notice of proposedrulemaking in April and this week was made part of the Commission’sregulations with required pipeline implementation by Nov. 2.

July 17, 1998

FERC to Hold Conference on ISOs

FERC has scheduled a public conference for April 15-16 toexamine the future of ISOs in administering the electrictransmission grid on a regional basis. The Commission isconsidering whether policy changes are necessary “in order topromote competition and reliability in bulk power markets.”

March 16, 1998