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December 5, 2025

Markets

Ontario Power Generation
IESO Board OKs Rule Changes Ahead of Capacity Auction
IESO will implement new rules for breaking ties and reducing unfulfilled commitments in its capacity market ahead of its next auction Nov. 26-27.
IESO
IESO Implementing ‘True-up’ on Renewed Market Rules
After more than six months of operations under its Market Renewal Program, IESO is implementing “non-substantive” rule changes it says will improve clarity and alignment.
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PJM Stakeholders Endorse Rules for DER Participation
The PJM Market Implementation Committee endorsed manual revisions that define how distributed energy resources will participate in the 2028/29 capacity auction.
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NYISO Meeting Briefs: Nov. 3-4, 2025
NYISO presented the results of Phase 1 of the 2024 Cluster Study process at a special Operating Committee meeting.
PJM
PJM Winter Outlook Finds Tightening Reserve Margins
PJM’s winter outlook found the RTO should have enough resources to meet the forecast peak load of 145,700 MW, although the reserve margin continues to decline as new resource development lags.
Lawrence Berkeley National Laboratory
Duke Paper Lays out How FERC Can Make Flexibility for Large Loads Reality
FERC can make large load flexibility a reality through the implementation of the Department of Energy’s Advance Notice of Proposed Rulemaking on large load interconnections, according to a new Nicholas Institute policy paper.
GridLab
GridLab: More Renewables Could Have Saved Billions in PJM Auction

If just 10% of the land-based renewables in PJM’s generator interconnection queue had been developed, the total cost of the RTO’s 2026/27 capacity auction would have been reduced by $3.5 billion, according to an analysis GridLab commissioned by Aurora Energy Research.

New Mexico Renewable Energy Transmission Authority
WRAP Day-Ahead Market Task Force Looks to Future After Commitments, Withdrawals
The Western Resource Adequacy Program Day-Ahead Market Task Force held its first meeting after the program’s binding decision deadline, with members exploring how the new participant footprint will impact transmission connectivity and other issues.
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Nonprofits Ask 9th Circ. to Vacate BPA’s ‘Shocking’ Day-ahead Market Decision
A group of nonprofits suing BPA said its decision to join SPP’s Markets+ instead of CAISO’s EDAM “violated clear mandates from Congress.”
CPower
CPower’s 2025 VPP Dispatches Already More Than Double 2024 Levels
CPower saw its customers dispatched for a total of 38 GWh through the third quarter, beating all of last year's total dispatches of 16 GWh handily.

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