ETRACOM agreed to pay $1.9 million to settle allegations that it manipulated CAISO markets in a scheme that netted the company $315,000 in profits.

NYISO power prices averaged $29.91/MWh in March, down from $33.83 in February, and $34.97 the same month a year ago.

PJM filed with FERC to consider both its two-stage capacity repricing proposal and its Market Monitor’s plan to expand the minimum offer price rule (MOPR).

PJM told Market Implementation Committee meeting attendees that it plans to salvage some of its proposal to revise its regulation market that FERC rejected.

CAISO is advancing into the second phase of reforms to its congestion revenue rights (CRR) auction, focusing on implementing a structure that provides only a partial congestion hedge rather than a full one.

FERC approved SPP’s proposed Tariff revisions to eliminate a gaming opportunity related to regulation deployment adjustments.

The MISO Reliability Subcommittee (RSC) discussed a recent RTO white paper on resource availability, including the increasing frequency of max gen events.

FERC said that a preliminary investigation indicates that PSEG committed multiple violations of PJM market-bidding rules and made “false and misleading statements” to RTO staff.

Idaho Power and Powerex began transacting in the EIM, bringing to eight the number of members participating in CAISO’s regional real-time market.

FERC rejected PJM’s most recent proposal for compensating the systemwide service and ordering a technical conference on larger concerns.