The consequences of the Bonneville Power Administration’s decision to join SPP’s Markets+ could hit the Northwest sooner rather than later even though the agency has yet to formally join the market, a group of nonprofits suing it over the choice told the 9th U.S. Circuit Court of Appeals.

CAISO released a set of guiding principles for upcoming discussions about seams between the ISO, SPP and other entities as the Extended Day-Ahead Market nears its opening in May.

Stakeholders endorsed PJM’s recommended installed reserve margin and forecast pool requirement for the 2028/29 Base Residual Auction at the Markets and Reliability Committee meeting.

PJM and stakeholders laid out their initial thoughts on the structure of the in-development reliability backstop procurement as the RTO looks to meet a September target set out by the White House and all 13 member states’ governors.

Two PJM proposals would revise its tariff to extend the collar on capacity prices for two more years and implement an expedited interconnection track for large projects to bring new capacity online quickly.

MISO is confident in its ability to meet spring demand, as the grid operator said it will be able to deliver on both its coincident and non-coincident peak forecasts through May.

FERC has rescinded the West-wide wholesale electricity price cap mechanism it implemented in response to widespread price manipulation during the Western energy crisis of 2000/01, saying development of new markets and expanded authority has led to improved monitoring capabilities.

FERC upheld its approval of Constellation Energy’s purchase of Calpine while also addressing arguments from consumer and environmental groups.

MISO said lackluster generating unit performance led to an emergency declaration during the late January winter storm.

PJM and the Independent Market Monitor are drafting proposals to rework the RTO’s reserve market.