“What’s the top speed on that puppy?” | Shutterstock

June 17, 2024

The other day I wrote about a father-son tandem who recently set the record for the world’s fastest drone. Well, me being the equal-opportunity-email-writer that I am, figured I would acknowledge this new land-speed record as well.

English mechanic Dylan Phillips has been credited for setting the new Guinness World Record for going 52 mph … with a wheelbarrow. As seems to be the case with most men and their speed records, the idea came to fruition after a few drinks in a pub and was completed in his shed. Phillips called the experience “uncomfortable” and “terrifying,” but those words are probably synonymous with going very fast in a garden tool. 

Now, see what news RTO Insider raced over to you:

• FERC initiated show-cause proceedings into the practice by four RTOs of allowing transmission owners to self-fund network upgrades needed to bring generation online, saying the practice may amount to favoring owner over interconnection customers. Amanda Durish Cook reports. 

• The Texas Supreme Court has ruled ERCOT and the Public Utility Commission were within the law when they raised wholesale prices to more than 300 times above normal during Winter Storm Uri. Tom Kleckner has that story, as well as … 

• … SPP’s REAL Team approving base planning reserve margins and a sufficiency valuation curve, codifying months of work. 
  

• FERC Commissioner Allison Clements said Order 1920 will make it easier for states to address the changes facing the industry. James Downing listened in at the EBA Northeast Chapter’s annual meeting. 

• The D.C. Circuit Court of Appeals upheld FERC’s approval of a key NYISO capacity market price determinant that New York’s utility regulator says could raise costs by hundreds of millions of dollars per year. John Cropley breaks it down. 

• Recent developments in Japan have revealed that its market differs in significant ways from those in the U.S. — including from the very PJM capacity market on which it modeled its own. Energy lawyers Eri Akiyama and Jennifer Fischell provide their thoughts. 

Lastly, we have news from other sources: 

• “Lawmakers hope to continue fight against political spending by DTE, Consumers in Michigan,” Detroit Free Press 

• “First American offshore wind vessel unveiled in Providence,” WPRI 

From everyone at RTO Insider, thanks for reading and enjoy the rest of your day! Also, be sure to check out our latest news from NetZero Insider below!

Shawn McFarland  

The latest from NetZero Insider:

• Calif. Clean Transportation Program Needs Equity Emphasis
  
• Survey to Begin for Planned Calif. Floating Wind Farm
  

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Upcoming Stakeholder Meetings:

• 6/17/24: ERCOT Finance and Audit Committee Meeting
• 6/17/24: ERCOT Reliability and Markets Committee Meeting
• 6/18/24: ERCOT Board of Directors Meeting
• 6/20/24: WEIM Regional Issues Forum
• 6/25/24: MISO Markets Committee of the Board of Directors Meeting
• 6/26/24: MISO Advisory Committee Meeting
• 6/27/24: CAISO Congestion Revenue Rights Customer Partnership Group Meeting
• 6/27/24: CAISO Market Performance and Planning Forum
• 6/27/24: PJM Markets and Reliability Committee Meeting
  
• 6/27/24: MISO Board of Directors (BOD) – Open Session
• 6/27/24: FERC Meeting
• 6/27/24: PJM Members Committee Meeting

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