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April 13, 2026

Markets

FERC Reopens Western Energy Crisis Refund Proceeding
FERC ruled that Shell and Hafslund can not use the costs associated with illegal trading activity during the Western Energy Crisis to offset their refund.
SPP Markets and Operations Policy Committee Briefs
SPP stakeholders approved a 12% planning reserve margin, a new demand curve and 10 revision requests at the Markets and Operations Policy Committee meeting.
NYPSC Chair to Head Australia Grid Operator
Audrey Zibelman, chair of the New York Public Service Commission (NYPSC) since 2013, leaving to lead Australia's largest gas and electricity markets.
FERC Seeks More Transparency, Cost Causation on Uplift
FERC proposed regulations intended to reduce uplift costs, allocate it more accurately and increase transparency.
ISO-NE Scarcity Rules Unfair to Generators, FERC Says
FERC granted a NEPGA complaint that a penalty imposed by ISO-NE during a heat wave proved that a rule intended to punish resource withholding is unjust.
FERC Orders Portfolio Approach for PJM FTR Forfeiture Rule
FERC rejected the PJM proposal for revising how it implements its FTR forfeiture rule, ordering the RTO to instead adopt an approach suggested by the IMM.
FERC Accepts CAISO Contracts for Imported Frequency Response
FERC approved CAISO's agreements to procure frequency response from the Bonneville Power Administration and Seattle City Light.
EIM Sees Sharp Increase in Flexible Ramping Test Failures
The Energy Imbalance Market (EIM) experienced a “dramatic uptick” in failed ramping capacity tests in November and December, the CAISO IMM reported.
CRR Initiative Elicits Mixed Reviews from CAISO Participants
The CAISO decision to possibly prioritize reforms to its congestion revenue rights auctions in 2017 has provoked mixed reactions from stakeholders.
MISO Market Subcommittee Briefs
MISO may retire its Credit Settlements Working Group because of a lack of substantive work and stakeholder volunteers willing to chair the group.

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