Energy Market
The development of SPP's Markets+ has picked up the pace with stakeholders agreeing on an interim governance structure and representation on the working groups that will handle much of the effort ahead.
Trade organizations for utilities and large energy consumers seek to intervene in the lawsuit filed in the 9th Circuit Court of Appeals challenging the Bonneville Power Administration’s decision to join SPP’s Markets+ instead of CAISO’s EDAM.
PJM presented a first read on a proposal to cap resources committed ahead of the day-ahead market at their cost-based offer, and the committee endorsed an expansion of an offer capping issue charge.
Stakeholders requested the NYISO Market Monitoring Unit provide an explanation of the difficulties in obtaining data from the ISO and market participants on supplemental commitments after it presented its State of the Market report for the first quarter.
ERCOT says all systems are go — or more specifically, green — and early market trials have been successful as the Real-time Co-optimization plus Batteries project barrels to its Dec. 5 go-live date.
A new report shows the MISO footprint could ring up $27 billion in additional system costs through 2050 if it and members miss the boat on developing new gigawatts of battery storage.
California Gov. Gavin Newsom again appeared to voice support for the proposed bill that would allow CAISO to relinquish market governance to an independent regional organization, saying the legislation can reduce electricity costs and improve reliability.
CAISO’s Western Energy Imbalance Market provided participants with $422.44 million in economic benefits during the second quarter of 2025, up 15% compared with the same period year earlier despite no change in membership.
The West-Wide Governance Pathways Initiative will run its stakeholder processes separately from CAISO’s until the effort's regional organization is formally launched in 2028, even in areas of overlapping interest.
MISO issued a slew of warning notices and operating instructions — especially in the South region — to help deal with oppressive July heat, forced generation outages and strained transmission.
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