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December 21, 2025

Markets

ISO-NE
ISO-NE Gives Updates on Prompt, Seasonal Capacity Market Changes
ISO-NE provided stakeholders with a high-level overview of its proposed prompt capacity market design and discussed several other aspects of its capacity auction reform project at a two-day meeting of the NEPOOL Markets Committee.
El Paso Electric
EPE’s Markets+ Decision ‘Not Transparent,’ NM Regulators Say

A New Mexico Public Regulation Commission workshop aimed to restore trust between the commission and El Paso Electric after the utility’s surprise announcement in January that it planned to join SPP’s Markets+.

Shutterstock
Pathways Initiative Receives Praise, Skepticism at Calif. Hearing
California senators heard arguments for and against the West-Wide Governance Pathways Initiative, with some lawmakers voicing concerns about guardrails against market manipulation and what the effort means for the state's autonomy to set its own policies.
© RTO Insider 
MISO Intent on Answers as to IMM Role in Tx Planning
MISO confirmed it’s taking steps to get answers from FERC about the role the Independent Market Monitor should have — if any — in transmission planning.
© RTO Insider LLC 
MISO: Better Preparations Clinched Winter Storm Operations
MISO emerged from winter 2024/25 without turning to emergency procedures despite wide-ranging winter storms Jan. 6-9 and again Jan. 20-22.
© RTO Insider LLC
PJM MIC Briefs: March 5, 2025
The PJM Market Implementation Committee endorsed by acclamation an RTO-sponsored issue charge to consider changes to how resources committed in advance of the day-ahead market are offer capped.
Kenneth Wajda / Yes Energy
Overheard at Yes Energy’s EMPOWER 25
Attendees at Yes Energy's annual summit, EMPOWER 25, discussed the Trump administration, pending ERCOT market changes, the future of wind power generation and uses for artificial intelligence, among other topics.
© RTO Insider LLC 
Ontario Premier Ford Slaps 25% Tariffs on Power Exports to US
Ontario Premier Doug Ford followed through on a threat to implement a 25% tariff on electricity exports to the US, a response to President Trump's own 10% tariff that went into effect last week.
PJM
PJM OC Briefs: March 6, 2025
PJM gave more detail on its plan to scale back a 30% adder it added on the synchronized and primary reserve requirement in May 2023.
© RTO Insider LLC
PJM Stakeholders Endorse Changes to Black Start Compensation
The PJM Market Implementation Committee endorsed a proposal to revise the base formula rate for compensating black start resources.

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