Maxim Power will pay $8 million to settle a FERC complaint that it manipulated the New England power market in a fuel-switching scheme.

The NYISO Management Committee discussed the latest Reliability Needs Assessment and a heat wave that prompted a mandatory systemwide demand response event.

FERC approved the CAISO plan to for a new market mechanism for itself and the Western EIM designed to integration of variable renewable energy resources.

FERC said it is considering changing how it evaluates market power in electric utility mergers and applications for market-based rate authority.

FERC is considering changes to its Electric Quarterly Report rules, including requiring data on ancillary services transactions and changes to how financially settled trades are reported.

PJM is trying to usurp the IMM’s authority to regulate fuel-cost policies and consequently increasing market participants’ ability to exercise market power, the Monitor argued in a protest.

Monitor David Patton said that although MISO markets and operations performed well over a warmer-than-usual summer, there is room for improvement.

The increased adoption of distributed energy resources occupied center stage during the second day of CAISO’s annual Stakeholder Symposium.

Wisconsin’s large manufacturers are asking state regulators to grant them retail choice, warning that high power prices may otherwise cripple the state’s economic growth.

The newly established Western Energy Imbalance Market (EIM) governing body kicked off its first meeting last week by electing its leadership.