ERCOT faces a shortfall of more than $3 billion after widespread generator outages stemming from a February winter storm.

Stakeholders told FERC that the proposed Southeast Energy Exchange Market (SEEM) doesn’t go far enough to increase competition.

Texas' Senate is requiring the repricing of $4.2 billion in transactions ERCOT’s IMM identified as “billing errors” associated with February's winter storm.

SPP raked in another $27.87 million in market-to-market settlements from MISO during December and January, pushing its total to $168.11 million.

Gov. Greg Abbot rejected calls to fire PUC Chair Arthur D’Andrea, who has refused to reprice billions of ERCOT transactions during February’s winter storm.

While it warns of more system risk in the coming years, MISO is preparing for an unremarkable spring and a routine capacity auction.

MISO stakeholders were shocked to learn that the RTO needs another few years to allow energy storage to participate in its markets.

The Western Energy Imbalance Market approved two CAISO measures and endorsed a third to improve reliability, mitigate capacity shortfalls.

The Senate ENR Committee pressed NERC CEO Jim Robb and PJM CEO Manu Asthana for an explanation of the February winter storm and resulting outages in Texas.

PJM’s Monitor sounded alarms about market power in the energy and capacity markets and said it may intervene in the RTO’s next capacity auction.