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March 21, 2025

Markets

FERC
FERC State of the Markets Report Shows Load Growth, Lower Prices
FERC's State of the Markets report showed lower wholesale energy prices but growing demand and higher capacity prices that signal a need to meet the coming load.
Capital Power
CAISO, EDF Trading Settle Fuel Cost Recovery Dispute
FERC approved a $528,000 settlement that ends a dispute between EDF Trading North America and CAISO over fuel cost recovery.
SPP
FERC Approves Tariff for SPP RTO West
FERC accepted SPP's proposed tariff revisions that will incorporate seven Western Interconnection entities as transmission-owning members of the RTO.
© RTO Insider
NYISO Business Issues Committee OKs Firm Fuel Accreditation Concept
The NYISO Business Issues Committee approved, in concept, implementation of the ISO’s new firm fuel election process and requirements as part of its changes to capacity accreditation.
© RTO Insider
PJM Market Monitor Publishes Mixed Views in Annual Report
PJM’s markets provided reliable service in 2024, but tightening supply and demand are laying bare design flaws that have inhibited the competitiveness of the RTO’s markets, the Independent Market Monitor wrote in its 2024 State of the Market Report.
SEEM
FERC Sides With SEEM Members After Rehearing
FERC sided with supporters of the Southeast Energy Exchange Market after hearing arguments from opponents, saying the market does not qualify as a loose power pool.
The Brattle Group
NM Regulators Poke Assumptions Behind EPE’s Markets+ Choice
A recent study that contributed to El Paso Electric’s decision to join SPP’s Markets+ rather than CAISO’s Extended Day-Ahead Market has raised questions among New Mexico regulators.
© RTO Insider
FERC to Rule on SPP’s RA Requirement for Winter
FERC is expected to rule on SPP’s proposed tariff revisions adding a winter season resource adequacy requirement and several other issues related to the grid operator.
ISO-NE
ISO-NE Gives Updates on Prompt, Seasonal Capacity Market Changes
ISO-NE provided stakeholders with a high-level overview of its proposed prompt capacity market design and discussed several other aspects of its capacity auction reform project at a two-day meeting of the NEPOOL Markets Committee.
El Paso Electric
EPE’s Markets+ Decision ‘Not Transparent,’ NM Regulators Say

A New Mexico Public Regulation Commission workshop aimed to restore trust between the commission and El Paso Electric after the utility’s surprise announcement in January that it planned to join SPP’s Markets+.


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