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April 12, 2026

Markets

MISO, IMM Differ over Scarcity Pricing Changes
The MISO IMM says the RTO isn’t going far enough in proposing changes to comply with FERC’s offer cap rules, like increasing the max value of lost load.
UPDATE: All Zones at $1.50/MW-day in 5th MISO Capacity Auction
All 135 GW worth of capacity procured across 10 local resource zones in the MISO fifth annual Planning Resource Auction cleared at $1.50/MW-day.
Gas, LMPs Rebound in NY, New England in March
A spike in natural gas prices pushed LMPs up in both NYISO and ISO-NE in March, though analysts say the rise may be short-lived.
MISO May Bar Units on Extended Outage from Capacity Auctions
MISO is considering prohibiting resources on extended outages from participating in capacity auctions or other changes to capture the risk of such outages.
California to Reconsider Retail Choice
California officials are reconsidering retail choice, two decades after a deregulation drive that faltered in the Western Energy Crisis of 2000/01.
PJM Outlines Aggregation Rules for Upcoming Capacity Auction
PJM staff detailed how the new rules for aggregating seasonal resources will be implemented in May’s Base Residual Auction.
ERCOT Board of Directors Briefs
At last week's ERCOT Board of Directors meeting, CEO Bill Magness highlighted the ISO's growing wind resources and the challenges they pose to reliability.
Stakeholders Advance on Western Regional Forum Proposal
Participants in a forum created by CAISO to discuss EIM issues and want to move quickly to complete an evaluation that will shape the group’s role.
NYISO Auction Shows Higher Prices for NYC, Hudson Valley
The NYISO summer 2017 capacity auction results surprised analysts last week with higher-than-expected prices for New York City and the Hudson Valley.
EIM Charter Changes Would Give Governing Body More Power
CAISO management is proposing to amend the EIM charter to explicitly provide the market’s Governing Body with a voice in any future governance changes.

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