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December 21, 2025

RTO Insider

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SMUD
Calif. Utilities Move Cautiously on Dynamic Pricing
Two of California’s publicly owned utilities told state regulators they’re not ready to make the leap to rates that change hourly or more often.
Shutterstock
NYISO BIC Dissects Power Prices During June Heat Wave
NYISO shared a detailed analysis of New York’s late June heat wave, in which significant operating reserve shortages elevated energy prices.
Constellation
FERC Approves Cost Allocation for Eddystone Emergency Order
FERC approved PJM’s proposal for allocating the costs for Constellation Energy to continue operating its Eddystone Generating Station near Philadelphia under an emergency order by the U.S. Department of Energy.  
Micron Technology
NYISO OC Approves SIS for Micron Fab Interconnection
The NYISO Operating Committee approved the system impact study for the second of Micron Technology’s semiconductor chip manufacturing centers.
Kairos Power
Kairos Power, TVA Announce Nuclear PPA
A power purchase agreement between Kairos and TVA would deliver up to 50 MW from Kairos’ planned Hermes 2 Plant to the TVA grid, which powers Google data centers in Tennessee and Alabama.
LS Power
FERC Partly Grants Complaint on PJM Opportunity Cost Adders
FERC partly granted a complaint from LS Power challenging the calculation of opportunity cost adders, requiring operating agreement revisions.
MISO
FERC Rules Costs of Mich. Coal Plant Extension Can be Split Among 11 States
FERC said MISO should spread the costs of keeping a Michigan coal plant running past its retirement date over the RTO’s entire Midwest region.
PJM
PJM MRC/MC Preview: Aug. 20, 2025
PJM's Markets and Reliability and Members committees will be asked to endorse manual revisions codifying the first phase of the RTO's regulation market redesign.
ISO-NE
NEPOOL Nears Vote on 1st Phase of ISO-NE Capacity Auction Reforms

ISO-NE presented the final design details and tariff changes for the first phase of its Capacity Auction Reforms project in preparation for a stakeholder vote in October.

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BPA Preparing to Deliver Power Under New Multiyear Contracts
BPA will begin to issue long-term contract offers under its Provider of Choice policy after finalizing the set of policies and decisions that will guide the 20-year contracts. 

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