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PJM announced it will seek to establish a $325/MW-day price cap on capacity prices and a $175/MW-day floor for the 2026/27 and 2027/28 Base Residual Auctions following discussions with Pennsylvania Gov. Josh Shapiro to resolve a complaint he filed over increased capacity costs.
The Brattle Group
California ratepayers would save millions more in a CAISO Extended Day-Ahead Market encompassing nearly all the West than in one that includes only those utilities likely to join the market, according to a new Brattle Group study.
Riot Platform
The Texas Public Utility Commission has opened an online portal on its website to accept registrations from cryptocurrency mining facilities with a demand of more than 75 MW.
Avangrid
The Massachusetts Department of Public Utilities approved a settlement agreement for the New England Clean Energy Connect transmission line, authorizing a significant cost increase to account for regulatory delays to the project.
NECA
Government affairs experts previewing New England’s 2025 legislative sessions outlined some key policy overlaps and notable differences among states during a webinar held by the Northeast Energy and Commerce Association.
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Arizona Corporation Commissioner Kevin Thompson said he thinks his state’s four major utilities may have erred in committing to joining SPP’s Markets+ instead of CAISO’s Extended Day-Ahead Market.
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NYISO presented stakeholders with its preliminary proposal for complying with FERC Order 1920, giving a first glimpse into how the ISO may conduct a long-term transmission planning process.
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PJM is in discussions with Pennsylvania Gov. Josh Shapiro to work toward a resolution on his complaint to FERC asking it to lower the price cap of the RTO’s capacity market.
ERCOT
ERCOT’s Technical Advisory Committee held its first meeting of 2025 on Jan. 22, with the biggest chunk of the meeting devoted to discussing the grid operator’s proposed market design framework.
TCF Architecture
Markets+ notched another in a string of successes when the Chelan County Public Utility District in Washington said it will pay its $1 million to $2 million share of funding for the market’s Phase 2 implementation stage.
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