CAISO’s Board of Governors approved a proposal to ensure bidders from outside the ISO deliver electricity as promised or face stringent financial penalties.

NYISO stakeholders debated that carbon pricing could occasionally leave New York electricity consumers paying into the carbon revenue account.

PJM stakeholders failed again to reach agreement on energy price formation rules, as a last-ditch effort at compromise fell short in a sector-weighted vote.

PJM survived last week’s arctic blast with slightly elevated outages and two periods of shortage pricing, officials said.

NYISO stakeholders learned that pricing carbon into the wholesale energy market would have little effect on corporate credit rules.

SPP continued its effort to modernize its cost-recovery processes last week, agreeing to replace its broad single rate schedule with four targeted ones.

Top utility executives urged PJM’s Board of Managers to act on price formation at its Feb. 12 meeting after stakeholders deadlocked on the issue last week.

The MRC endorsed a change to align PJM’s Tariff with manual language on the process for requesting incremental capacity transfer rights calculations.

NYISO told stakeholders how pricing carbon would impact the ISO’s Tariff, and how it will handle residual allocations stemming from carbon charges.

The Western Energy Imbalance Market (EIM) Governing Body heard proposals regarding its existing real-time market and an expanded day-ahead market.