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FERC conditionally accepted Southern Company's compliance filing on its rate protocols but said more work is needed to make the protocols just and reasonable.
The Texas PUC agreed to replace ERCOT’s energy-only market with a performance credit mechanism, sending the proposal to an uncertain fate in the legislature.
MISO’s December emergency declaration ignited a debate over whether the RTO should enter emergency procedures to sustain its neighbors during extreme weather.
MISO told stakeholders that it is not yet able to make “quantifiable conclusions” about the amount of capacity available for the 2023-24 planning year.
NYISO's Business Issues Committee approved proposed tariff revisions to rules for capacity resource interconnection service (CRIS) expiration and transferring.
PJM's Planning Committee endorsed a proposed solution for capacity accreditation of intermittent resources under the effective load-carrying capability process.
The PJM MIC endorsed a proposal to increase the maximum number of bids a single corporate entity can place in the RTO’s financial transmission rights auctions.
A recent New York Times article rekindled the debate over RTO markets and electric deregulation and a Harvard study released last month provides new ammunition.
PJM expects to issue at least $1 billion in penalties over generation outages in December, when plummeting temperatures stretched the region to its limits.