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December 28, 2025

Markets

© RTO Insider LLC
3rd Circuit Rejects PJM’s Post-auction Change as Retroactive Ratemaking
The 3rd Circuit vacated FERC’s order allowing PJM to revise a capacity market parameter for the DPL South zone after the 2024/25 auction had been conducted but prior to the publication of its results, ruling that it constituted retroactive ratemaking.
ISO-NE
NEPOOL Markets Committee Briefs: March 13, 2024
ISO-NE presented the NEPOOL Markets Committee with additional results of the impact analysis for the RTO’s resource capacity accreditation project, which looked at how changes to the resource mix would affect the seasonal distribution of shortfall risks.
U.S. House Committee on Oversight and Accountability
House Oversight Examines Grid Reliability and Resource Adequacy
Former FERC Commissioner James Danly told a House Oversight subcommittee that federal subsidies overvalue some resources, while undervaluing others, putting the future of the grid at risk.
© RTO Insider LLC
FERC Releases Fiscal Year 2025 Budget Justification
FERC released its fiscal year 2025 congressional justification, which would have the agency fund itself with $532 million from fees and annual charges assessed to entities it regulates.
ISO-NE
NEPOOL MC Backs Further Forward Capacity Auction Delay
The NEPOOL Markets Committee approved an additional two-year delay of ISO-NE’s Forward Capacity Auction 19 to develop and implement a new seasonal capacity auction.
Shutterstock
PJM MIC Briefs: March 6, 2024
PJM's Market Implementation Committee endorsed a PJM proposal to revise how it measures and verifies the capacity that energy efficiency resources may enter into Base Residual Auctions.
CAISO
DMM: CAISO Transfer Limitations During Q3 Heat Waves Led to Price Disparities
CAISO's Department of Market Monitoring found that limits on WEIM imports last year led to increased transmission congestion in the ISO's markets.
Powerex
Powerex Report Expands NW Cold Snap Debate

A new report from electricity marketer Powerex adds to the expanding debate around what transpired on the Western grid during a January cold snap that saw the Northwest forced to import large volumes of power.

© RTO Insider LLC
Overheard at 10th Annual GCPA MISO-SPP Forum

The Gulf Coast Power Association's 10th annual MISO-SPP Forum centered its focus on the energy transition before a record crowd in New Orleans.

CAISO
FERC Approves Most of CAISO’s Rule Changes for EDAM Participation
FERC issued an order partly approving rule changes CAISO filed to its tariff that are meant to enable its participation in the Extended Day Ahead Market once it goes live.

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