PJM's upcoming 2023/24 BRA is set to be delayed again after FERC partially reversed its 2020 decision on the RTO’s energy price formation revisions.

FERC provided guidance to Western electricity sellers on how and when to seek exceptions for transactions that exceed the region’s $1,000/MWh soft cap.

CAISO’s Market Surveillance Committee has endorsed a set of rule changes designed to avoid shortfalls this summer.

SPP is reviewing its response to the recent winter storm that swept through its footprint, leading to the RTO's first rolling blackouts.

FERC ordered PJM to make an additional compliance filing on its rules for fast-start resources, saying the RTO’s proposal gave itself too much discretion.

The CAISO Board of Governors bid farewell to its retired CEO, greeted a new leader and approved a plan to implement FERC Order 831.

CAISO won FERC approval for its second effort to allow generators to recover the costs of higher natural gas prices.

CAISO’s Market Surveillance Committee said the ISO needs to consider implementing scarcity pricing as a way to obtain energy during heat waves and supply shortages.

NYISO locational-based marginal prices averaged $50.93/MWh in January, up by about 25% from December and down around 50% from the same month a year ago.

NYISO is considering penalizing external resources that fail to perform when dispatched following a supplemental resource evaluation.