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March 13, 2026

Markets

U.S. Army Corps of Engineers
BPA Markets+ Phase 2 Bill Could Reach $27M — or More

BPA will be on the hook for nearly $27 million in funding for the next phase of SPP’s Markets+ — and potentially more depending on the market’s final footprint, according to a document SPP filed with FERC.

SPP
PSCo Seeks to Join SPP’s Markets+
Public Service Company of Colorado asked the Colorado Public Utilities Commission for permission to join SPP’s Markets+.
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PJM MRC/MC Briefs: Feb. 20, 2025
PJM stakeholders voted for a third consecutive meeting to delay acting on revisions to Manual 14H intended to clarify when developers may add or remove parcels from their project footprint.
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Analysis: Sluggish PJM Reforms Cost Consumers Billions
A new Advanced Energy United/Grid Strategies report estimates that better PJM interconnection processes could save consumers billions of dollars.
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PJM Stakeholders Endorse More Detailed Demand Response Modeling
The PJM Markets and Reliability Committee endorsed a proposal to rework how demand response resources are modeled in the effective load carrying capability framework.
Pacific Gas and Electric
FERC OKs CAISO Implementation of EDAM Access Charge Rules
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Pathways ‘Step 2’ Bill Sets Conditions for EDAM Governance
The language for the proposed bill to implement “Step 2” of the West-Wide Governance Pathways Initiative stipulates the conditions under which CAISO and California utilities can participate in energy markets governed by an independent regional organization.
Josh Becker for California
Pathways ‘Step 2’ Bill Introduced in Calif. Legislature
California state lawmakers introduced a much-anticipated bill to implement “Step 2” of the West-Wide Governance Pathways Initiative, marking a significant step toward the creation of a new independent “regional organization” to oversee governance of CAISO’s markets.
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BPA Close to Issuing New Long-term Power Contract
The Bonneville Power Administration kicked off the last public contract development workshop series under its "Provider of Choice" initiative, allowing stakeholders to provide input on the agency’s long-term power contracts that it will issue later this year.
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FERC OKs Changes to PJM Capacity Market to Cushion Consumer Impacts
FERC approved a suite of changes to PJM's next couple of capacity auctions, which are meant to mitigate billing impacts as the supply-demand dynamic in the region tightens and longer-term reforms are pursued.

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