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December 23, 2025

Markets

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PJM Stakeholders Delay Vote on Generator Deactivation Rules
PJM stakeholders delayed voting on five proposals to rework the notification deadlines for generation deactivations and how compensation for reliability-must-run contracts is determined.
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CAISO Outlines EDAM Access Charge Plan for its Own BA
CAISO described to stakeholders how it will apply the Extended Day-Ahead Market transmission revenue recovery mechanism to its own balancing authority area.
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Regulators Who Launched Pathways Praise Western ‘RO’ Plan
State utility commissioners who launched the West-Wide Governance Pathways Initiative in July 2023 have praised the initiative’s “Step 2” proposal to create a “regional organization.”
PacifiCorp
Brattle Study Likely to Fuel Debate over EDAM, Markets+

The white paper by The Brattle Group offers a point-by-point comparison of CAISO’s Extended Day-Ahead Market and SPP’s Markets+ that leans in favor of EDAM but stops short of endorsing either market.

MISO
MISO: Lower Prices, Fewer Outages and Annual Peak in August
MISO reported relatively lower costs and outages in August while it served its annual peak late in the month.
CAISO
CAISO Launches Phase 2 of Pricing Issues Initiative
The next phase of the Price Formation Enhancements Initiative will look to address issues around market power mitigation, scarcity pricing and fast-start pricing.
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PUC’s Gleeson at Texas Clean Energy Summit: Smooth Tenure Turns ‘Interesting’
Thomas Gleeson, chair of Texas’ Public Utility Commission, spoke at the Texas Clean Energy summit about the challenges he has faced during his tenure.
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PJM Working to Speed Development of New Capacity
PJM is trying to figure out how the development of new capacity can be sped up as a growing number of resources have cleared the interconnection queue but not entered commercial operation.
Talen Energy
PIO Complaint Faults PJM Treatment of Deactivating Generation
Several public interest organizations have filed a complaint with FERC contending PJM’s capacity market inflates consumer prices by not counting generators operating on RMR agreements as a form of capacity.
CAISO
CAISO Seeks to Dispel CRR ‘Myths’ Around January Cold Snap
CAISO focused on CRRs when it served up the latest volley in the ongoing dispute over what played out on the Western grid during the January cold snap that forced Northwest utilities to import high volumes of energy to avoid blackouts.

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