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December 6, 2025

Energy Market

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FERC to Rule on SPP’s RA Requirement for Winter
FERC is expected to rule on SPP’s proposed tariff revisions adding a winter season resource adequacy requirement and several other issues related to the grid operator.
ISO-NE
ISO-NE Gives Updates on Prompt, Seasonal Capacity Market Changes
ISO-NE provided stakeholders with a high-level overview of its proposed prompt capacity market design and discussed several other aspects of its capacity auction reform project at a two-day meeting of the NEPOOL Markets Committee.
El Paso Electric
EPE’s Markets+ Decision ‘Not Transparent,’ NM Regulators Say

A New Mexico Public Regulation Commission workshop aimed to restore trust between the commission and El Paso Electric after the utility’s surprise announcement in January that it planned to join SPP’s Markets+.

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MISO: Better Preparations Clinched Winter Storm Operations
MISO emerged from winter 2024/25 without turning to emergency procedures despite wide-ranging winter storms Jan. 6-9 and again Jan. 20-22.
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PJM MIC Briefs: March 5, 2025
The PJM Market Implementation Committee endorsed by acclamation an RTO-sponsored issue charge to consider changes to how resources committed in advance of the day-ahead market are offer capped.
Kenneth Wajda / Yes Energy
Overheard at Yes Energy’s EMPOWER 25
Attendees at Yes Energy's annual summit, EMPOWER 25, discussed the Trump administration, pending ERCOT market changes, the future of wind power generation and uses for artificial intelligence, among other topics.
Kenneth Wajda / Yes Energy
Pat Wood Talks Power Markets’ Past and Future at Yes Energy Conference
Former FERC and Texas PUC Chair Pat Wood talked about the early days of power markets and their future at Yes Energy's EMPOWER Conference.
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BPA Selects SPP Markets+ in Draft Policy
The Bonneville Power Administration announced it intends to join SPP’s Markets+, saying in its draft policy that the day-ahead market “is the best long-term strategic direction for Bonneville, its customers and the Northwest.”
ISO-NE
New England Energy Market Costs Grew by over $2B in 2024/25 Winter
New England energy market revenues increased by roughly 150% in the winter of 2024/25 compared to the prior winter.
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MISO Annual Value Proposition Tops $5B for 1st Time
MISO estimates its savings and efficiencies benefited its members to the tune of just over $5 billion over 2024.

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