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December 6, 2025

Markets

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July Heat Wave Update, PJM OC Briefs: Aug. 7, 2025

PJM’s Kevin Hatch presented an update on how two heat waves between July 14-17 and 23-30 affected PJM operations, which involved multiple demand response deployments and emergency alerts and advisories.

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Interim Deliverability Proposal, PJM PC/TEAC Briefs: Aug. 5, 2025
To increase its energy supplies, PJM proposes expanding its process for allowing new resources to inject onto the grid while their required network upgrades are being completed, allowing a unit to operate partially.
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FERC Independence Likely Coming to an End with Christie’s Exit
The departure of Mark Christie as chair of FERC likely signals the end of the agency's longstanding independence.
NYISO
NYISO Stakeholders Concerned About Lack of Data on Supplemental Commitments
Stakeholders requested the NYISO Market Monitoring Unit provide an explanation of the difficulties in obtaining data from the ISO and market participants on supplemental commitments after it presented its State of the Market report for the first quarter.
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PJM Board Initiates CIFP Addressing RA, Large Loads
The PJM Board of Managers initiated a Critical Issue Fast Path process aimed at maintaining resource adequacy in the face of rising data center load growth, asking stakeholders to draft proposals to serve 32 GW of load growth expected by 2030.
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FERC Chair Mark Christie Leaves Agency After One Last Dissent
Mark Christie announced he was stepping down as chair of FERC effective at close of business Aug. 8, and filed one last dissent the previous day.
ISO-NE
ISO-NE: Resources Overperformed During June Capacity Scarcity Event
Pay-for-Performance credits accumulated during capacity scarcity conditions June 24 totaled about $114 million, ISO-NE's COO told the NEPOOL Participants Committee.
Constellation
NEPGA Seeks Relief for ‘Improper’ Pay-for-Performance Costs in ISO-NE

The New England Power Generators Association is seeking immediate action from FERC to address what it calls “serious flaws” in the design of ISO-NE’s pay-for-performance mechanism.

Exelon
Exelon Continues to Explore Getting Back into Generation
Exelon's CEO said on an earnings call that the company remains interested in the possibility of utility-owned generation.
Plaza Construction
NYISO Drops Seasonal CAFs from Winter Reliability Project
NYISO told stakeholders it was no longer considering seasonal capacity accreditation factors because it found they would disincentivize participation in the capacity market.

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