Markets
FERC approved settlements on reliability must run deals that will keep the Brandon Shores Generating Station and the H.A. Wagner Generating Station in Maryland running until May 31, 2029.
NYISO has proposed the metrics for identifying operating reserve suppliers that consistently underperform as part of its plan to remove them from the market.
Ontario's IESO successfully launched its nodal market on May 1, reporting few glitches during its rollout.
New amendments to the proposed Pathways bill would include protections against possible attempts by President Donald Trump to influence California energy markets, such as pushing the state to buy coal-fired generation.
ERCOT stakeholders endorsed a protocol change that creates a process to compensate market participants when a constrained management plan or switching instruction trips a generator that otherwise would have stayed online.
The PJM Markets and Reliability Committee endorsed a proposal to rework how resources are compensated for providing black start service the RTO says will provide more predictable revenues for participating market sellers.
Markets+ stakeholders will have little opportunity to ease up in coming months despite a wave of favorable developments for the market.
MISO’s 2025/26 capacity auction returned $666.50/MW-day prices across all zones in the summer, reinforcing the need for members to build new generation fast, the grid operator said.
IESO is scheduled to launch its new nodal market May 1, a change it says will save Ontario $700 million over the next decade through reduced out-of-market payments and increased efficiency.
TURN is finding some success in getting California state lawmakers to address the group’s concerns about what the Trump administration might do if the state moves forward with plans to hand over control of CAISO’s energy markets to an independent regional organization.
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