At a meeting of the Western Power Trading Forum, PJM CEO Andy Ott sat down with RTO Insider to discuss the new Peak Reliability/PJM Connext market proposal.

Peak Reliability and PJM officials promoted the independent and self-governing nature of their proposed Western energy market.

California regulators and lawmakers are sounding the alarm over a possible decline in the financial and credit health of utilities stemming from wildfire risk and liability.

Sempra Energy became the third California-based energy company to promise a “three-pronged” cost recovery effort related to wildfires.

A key California lawmaker is seeking comment this week on a revived effort to regionalize CAISO and create a multistate Western RTO.

Susan Kennedy, a former California utilities regulator and political insider, has been fined after state investigators determined that she failed to register as a lobbyist.

CAISO is recommending cutting more than $2.7 billion from current transmission spending estimates across the 2027 planning horizon.

Edison International has joined other California utilities in protesting difficulties with cost recovery related to devastating wildfires.

CAISO defended its deployment of gas price adders that have been activated frequently in the face of cold weather, wildfires and concerns about pipeline outages.

CAISO’s fourth quarter was beset by 15-minute market energy shortages and a significant shortfall in CRR auction revenues, the ISO’s Market Monitor said.