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December 25, 2025

Markets

Shutterstock
FERC Approves $3B BlackRock Deal for Global Infrastructure LLCs
FERC approved a deal in which BlackRock would buy all the limited liability company interests in Global Infrastructure Management for $3 billion in cash and 12 million shares of BlackRock Funding.
Shutterstock
NEPOOL Participants Committee Votes to Support Hourly GIS Tracking
The NEPOOL Participants Committee voted to update the Generation Information System to enable the transfer of hourly certificates, opening the door for the sale of hourly renewable energy credits. 
Travel Portland
BPA to Fund Phase 2 of Markets+, Agency Exec Says
The Bonneville Power Administration plans to contribute its full share of funding for Phase 2 of SPP’s Markets+, an executive with the federal power agency has said.
Bonneville Power Administration
‘Leaning’ Evident in BPA Response to NW Senators
CAISO’s adoption of the Pathways Initiative’s “Step 1” changes won't overcome BPA’s objections to the governance of the ISO’s EDAM, Administrator John Hairston told U.S. senators from the Pacific Northwest.
The Brattle Group
Brattle New Mexico Study Shows EDAM Benefits Outpacing Markets+
A new study may dispel the notion that New Mexico utilities must follow the day-ahead market choice of their Arizona counterparts in order to realize benefits from market participation.
MISO
Changing System Drives MISO to Scrutinize Guiding Market Principles
MISO is conducting a check-in with stakeholders to gauge whether its market design guiding principles are still valid in a changing industry.
Tacoma Public Utilities
3rd ‘Issue Alert’ Compares Pricing Practices in Markets+, EDAM
Enhanced protections against uncompetitive market behavior are among several tools to ensure fair and accurate pricing under a Markets+ framework, according to the latest "issue alert" from entities that back its development.
NWS and NOAA
Late August Heat Wave Delivers 122-GW MISO Summer Peak
MISO set its 122-GW summertime peak on the unofficial last week of summer, with widespread heat necessitating back-to-back maximum generation warnings.
Black Hills Energy
CAISO’s WEIM Plucks Black Hills Utilities from SPP’s WEIS
CAISO scored a geographically small but symbolically significant victory with the announcement that two Black Hills Energy subsidiaries will move to the ISO’s Western Energy Imbalance Market.
JIRSA Hedrick
Colorado PUC Adopts Rules for Utility Participation in Markets
Colorado’s investor-owned utilities must compare available alternatives when asking regulators for approval to participate in an RTO or ISO, but not to join a day-ahead market.

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