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December 6, 2025

Energy Market

Andre m, CC BY-SA 3.0, via Wikimedia Commons
Calif. Pathways Bill Delayed After Orgs Withdraw Support, While Newsom Signals Backing for Effort
The author behind the bill that would allow CAISO to relinquish market governance to an independent RO has delayed a hearing after several organizations withdrew support for the proposed legislation.
Shutterstock
NYISO: LBMPs Spiked in June from Heat Wave
The heat wave at the end of June caused the average locational-based marginal price for the month to increase dramatically, NYISO said.
Yes Energy
RA Technical Conference Comments Urge a Variety of Market Reforms
Comments about FERC's technical conference argued for a variety of reforms to address resource adequacy.
© RTO Insider LLC
FERC Rejects Voltus Appeal for Interim MISO Order 2222 Compliance
MISO is free to keep working toward its 2030 goal of fully incorporating aggregators of distributed energy resources into its markets without an interim participation option.
Entergy
Southern Renewable Group Cautions MISO State Regulators Considering SEEM
The Southern Renewable Energy Association appeared before Entergy’s state regulators to urge them to think twice before considering leaving MISO for the Southeast Energy Exchange Market.
IESO
IESO Officials Deny Favoring Gas Resources in Upcoming Procurement
Potential energy suppliers in IESO’s second long-term energy and capacity procurement said the ISO's auction rules favor natural gas generators by insulating them from most of the cost of gas transmission upgrades.
NRG Energy
PJM Monitor Calls for Bidding Limits on NRG Generation, DR in LS Deal
PJM's Independent Market Monitor asked FERC to impose behavioral constraints on NRG Energy's proposed purchase of power plants and demand response from LS Power.
PNM
PNM Signs Agreement to Join CAISO’s EDAM

Public Service Company of New Mexico made it official: The utility signed an implementation agreement to begin participating in CAISO’s Extended Day-Ahead Market in fall 2027.

Shutterstock
NYPA Raises Concern About Large Loads Suddenly Ceasing Operation
The most prolific worry about large load facilities like data centers is how to power them, but the New York Power Authority raised a new concern at the NYISO Budget & Priorities Working Group’s meeting. 
SPP
SPP Launches Markets+ Phase 2 With $150M Secured
SPP secured $150 million in financing and entered the second phase of development for its day-ahead market Markets+, the grid operator announced.

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