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December 19, 2025

Energy Market

Highview Power
IESO Drops Termination Option for Long Lead-time RFP

Responding to opposition from suppliers, IESO said it will not include a termination option in its procurement for long lead-time resources.

Talen Energy
FERC Directs PJM to Issue Rules for Co-locating Generation and Load
FERC told PJM to change its rules to allow for co-located load at generators, with new transmission services and other tweaks.
CAISO
WEM Board OKs Gas Management Changes to Provide ‘Equitable Access’ to Markets
The Western Energy Markets Governing Body approved a set of revisions to CAISO's gas-fired energy generation resource management program after two years of work with stakeholders.
SPP
FERC OKs SPP Extension of Dispatchable Interchange Transactions into Real-time

FERC approved an SPP tariff change that adds real-time dispatchable interchange transactions to its Integrated Marketplace, extending the current day-ahead market dispatchable transaction model into the real-time balancing market.

NYISO
NYISO Meeting Briefs: Dec. 10-11, 2025
NYISO's Business Issues Committee and Operating Committee both endorsed tariff changes ahead of the completion of the Champlain Hudson Power Express.
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MISO Usage, Outages Up in Fall 2025
MISO and its Monitor tracked a rise in energy consumption in fall 2025 and reviewed some operational rough patches, while the RTO explained why its machine-learning risk predictor remains a work in progress.
Quanta Infrastructure Solutions Group
CAISO, SPP Explore Using Existing Tools to Manage DAM Seams
CAISO and SPP have made “significant progress” on adapting existing tools to tackle seams between the two entities’ respective day-ahead markets, according to a CAISO representative.
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PJM MIC Tackles Issue Charges, Problem Statements
Among other issues, PJM presented a quick fix proposal to address instances in which offline generators are committed as secondary reserves and granted lost opportunity cost credits.
U.S. Army Corps of Engineers
BPA Outlines Next Steps in Markets+ Implementation
As the Bonneville Power Administration prepares to join Markets+, the agency hopes to complete the initial program governance setup and define its commercial model for market participation in early 2026.
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ERCOT Successfully Deploys Real-time Co-optimization
ERCOT says it has successfully deployed Real-time Co-optimization + Batteries into the market, a mechanism used in most other RTOs and ISOs that procures energy and ancillary services in real time.

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