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December 5, 2025

market to market (M2M)

© RTO Insider 
FERC Report Urges West to Address Looming Market Seams Issues
A new FERC report adds to the growing body of work showing the complexity of confronting the seams issues likely to arise between the West’s two day-ahead markets when compared with challenges at the borders between RTOs and ISOs in the Eastern U.S.
MISO
MISO Agrees with All 4 IMM State of the Market Recs
MISO said all four recommendations in the Independent Market Monitor’s 2024 State of the Market Report are likely viable.
© RTO Insider 
SPP Regional State Committee Briefs: Aug. 4, 2025

SPP state regulators have approved a policy that sets criteria for developing joint transmission projects with other RTOs to cost-effectively address persistent market-to-market (M2M) congestion.

© RTO Insider 
MISO Monitor Targets Tx Congestion in State of the Market Report
MISO’s Independent Market Monitor has released four new market improvement recommendations concerning transmission congestion, the Midwest-South transmission link, market-to-market coordination and price settlements after grid devastation.
KFYR-TV
MISO Petitions 8th Circuit in Dispute with SPP over Data Center-strained Flowgate

MISO is seeking judicial review of two FERC decisions preventing the RTO from recouping costs or revising a joint procedure with SPP over a shared North Dakota transmission line that has become congested by a new cryptocurrency mining facility.

Baxtel
FERC Again Declines Changes, Refunds on Crypto-burdened MISO-SPP Flowgate
FERC again decided that neither MISO nor Montana-Dakota Utilities are entitled to recourse over a MISO-SPP flowgate in North Dakota strained by a cryptocurrency mining facility.
SPP
MISO, SPP to Revise Joint Agreement, Focus on TMEP Process in 2025
MISO and SPP staff told stakeholders that they will not perform a Coordinated System Plan in 2025 but will accept transmission issues for their annual review early in the year.
Western Area Power Administration
MISO Argues to FERC for 2nd Look at Crypto-stressed Flowgate Management
MISO wants FERC to reconsider its decision to let a jointly managed flowgate with SPP stand, with the RTO arguing the North Dakota cryptomining facility burdening the line is SPP’s responsibility alone.
KFYR TV
FERC Refuses MISO, MDU Complaints Regarding Crypto-strained MISO-SPP Flowgate
FERC dismissed separate complaints from MISO and Montana-Dakota Utilities Co. over a MISO-SPP flowgate chronically stressed by a North Dakota cryptocurrency mining operation.
Western Area Power Administration
MISO Lodges 2nd Complaint Against SPP over Disputed Crypto Load on M2M Flowgate
MISO has registered a separate complaint with FERC to retract market-to-market coordination with SPP on a contentious flowgate persistently taxed by a North Dakota cryptocurrency mining operation.

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