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April 12, 2026

Markets

California Lawmakers Take Up CAISO Expansion
California lawmakers are concerned that expanding CAISO into a regional grid operator could result in higher electricity bills and job losses.
MISO Proposes Deliverability Rules for Behind-the-Meter Capacity
Behind-the-meter generation would need to demonstrate its deliverability before offering into MISO’s capacity auction under a new proposal from the RTO.
MISO
Changing Course, MISO Adopts IMM External Resource Zone Plan
MISO has adopted the Independent Market Monitor’s recommendation to base pricing of external capacity resources on bordering balancing authorities.
ERCOT Briefs
ERCOT’s wholesale market performed “competitively” in 2016, the ISO’s Independent Market Monitor said in its annual State of the Market report.
Los Angeles Dept. of Water Power Signs Pact to Join EIM
The Los Angeles Department of Water and Power (LADWP) is the 11th utility to announce plans to participate in the CAISO-run Energy Imbalance Market (EIM).
Powerex Slated to Become First Non-US EIM Member
Powerex has signed an agreement with CAISO to become the first non-U.S. participant in the Western Energy Imbalance Market (EIM).
Seeking Subsidy, Exelon Threatens to Close Three Mile Island
Exelon announced that it will retire Three Mile Island Unit 1 in September 2019 “absent needed policy reforms.”
SPP Looking Forward Report: The Shale Revolution Continues
In producing its looking-forward report for SPP, Bates White Economic Consulting says low natural gas prices will continue if technology further improves.
PJM Markets and Reliability Committee Briefs
PJM announced at last week’s Markets and Reliability Committee meeting that a scheduled vote on new pseudo-tie provisions would be postponed.
MISO Steering Committee OKs IMM Proposals for Market Roadmap
MISO’s Steering Committee recommended that all but one of a handful of the Monitor’s oft-repeated recommendations be included on the 2018 Market Roadmap.

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