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July 9, 2025

Markets

NRG Energy
PJM Monitor Calls for Bidding Limits on NRG Generation, DR in LS Deal
PJM's Independent Market Monitor asked FERC to impose behavioral constraints on NRG Energy's proposed purchase of power plants and demand response from LS Power.
Yes Energy
N.J. Mulls PJM Withdrawal amid Energy Shortfall Predictions
Anger over a recent dramatic rate hike and fears of energy shortfalls because of a predicted future rise in demand have prompted New Jersey to look anew at whether the state should consider pulling out of PJM.
DOE
DOE Reliability Report Argues Changes Required to Avoid Outages Past 2030
DOE's report tries to apply one reliability metric to different markets and finds significant new capacity will be needed in some markets to avoid reliability problems by 2030.
Hydro-Québec
NYISO Proposes ICAP Changes for New Entry Ahead of CHPE
NYISO is proposing changes to certain capacity market parameters to accommodate the Champlain Hudson Power Express transmission project, as well as facilitate the new entry of resources.
PNM
PNM Signs Agreement to Join CAISO’s EDAM

Public Service Company of New Mexico made it official: The utility signed an implementation agreement to begin participating in CAISO’s Extended Day-Ahead Market in fall 2027.

IESO
IESO Eyes New Tie-break Rules for November Capacity Auction

IESO will revise its procedure for breaking capacity auction ties in time for the 2025 contest in November.

Shutterstock
NYPA Raises Concern About Large Loads Suddenly Ceasing Operation
The most prolific worry about large load facilities like data centers is how to power them, but the New York Power Authority raised a new concern at the NYISO Budget & Priorities Working Group’s meeting. 
SPP
SPP Launches Markets+ Phase 2 With $150M Secured
SPP secured $150 million in financing and entered the second phase of development for its day-ahead market Markets+, the grid operator announced.
© RTO Insider
ERCOT Board of Directors Briefs: June 23-24, 2025
ERCOT CEO Pablo Vegas has gone public with the grid operator’s internal terminology that is shaping the market’s path forward, defining it for his Board of Directors and stakeholders. 
Quanta Infrastructure Solutions Group
New CAISO-Powerex Dispute Centers on ‘Voluntary’ Nature of EDAM
CAISO dismissed Powerex’s contention that the ISO only recently has “revealed” that participation in its EDAM is voluntary at the balancing authority level but not voluntary for “individual customers” operating within the BA participating in the market.

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