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.

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.

Members of the Colorado PUC expressed differing opinions on whether PSCo joining Markets+ would be in the public interest.

IESO opened discussions on new rules for storage facilities and hybrid resources that will enable the provision of regulation service.

FERC approved Constellation's purchase of Calpine, which will create an even bigger IPP with nearly 60 GW around the country, with the biggest share of that in PJM.

FERC sided with MISO IMM David Patton, denying a petition from MISO that would have prevented the RTO from reimbursing the Monitor for reviewing the market impact of transmission planning.

A new task force will examine how the WPP’s WRAP can continue to operate efficiently under the new multimarket environment emerging in the West.

FERC is moving to rescind the West-wide wholesale electricity price cap mechanism it instituted in 2002 in response to widespread price manipulation during the Western energy crisis of 2000/01.