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December 20, 2025

Markets

© RTO Insider 
MISO Monitor Targets Tx Congestion in State of the Market Report
MISO’s Independent Market Monitor has released four new market improvement recommendations concerning transmission congestion, the Midwest-South transmission link, market-to-market coordination and price settlements after grid devastation.
© RTO Insider 
Chang Highlights Interrelated Challenges Facing Industry at WIRES
FERC Commissioner Judy Chang, in a speech at WIRES' summer meeting, laid out how the major issues facing the power industry are related and how important it is to the future of competition that they are addressed correctly in the long term.
ISO-NE
NEPOOL Markets Committee Briefs: July 8-9, 2025

ISO-NE provided updates on its proposals for generator retirements, market power mitigation, and resource qualification and reactivation.

MISO
MISO to Axe Energy Efficiency from Capacity Market
MISO said it no longer will recognize energy efficiency as a capacity resource beginning with the 2026/27 auction.
The Bonneville Power Administration
BPA Sued in 9th Circuit over Day-ahead Market Decision
A group of environmental organizations sued the Bonneville Power Administration in the 9th Circuit Court of Appeals over the agency’s decision to join SPP’s Markets+ instead of CAISO’s Extended Day-Ahead Market.
CAISO
Federalist Society, Peskoe Debate Competition in the Power Industry
The Federalist Society hosted a webinar debating the federal government's reliance on markets in regulating the power industry.
Idaho Power
FERC Launches Section 206 Proceeding for Idaho Power
Idaho Power must prove it does not have unjust market power in its balancing authority area, FERC ruled.
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.

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