NRG Energy said that its board has authorized the company to spend $1 billion on its stock repurchase program.

NYISO’s Management Committee approved proposed rule revisions that would allocate day-ahead market congestion rent shortfalls and surpluses.

ISO-NE defended its proposed two-stage capacity auction, responding to criticism by its External Market Monitor and others.

NRG Energy has agreed to sell its renewables businesses, its interest in NRG Yield and its South Central Generating subsidiary in transactions that will bring the company $2.8 billion in cash and take $7 billion in debt off its books.

Massachusetts generators are worried they won’t be able recover the costs of purchasing additional greenhouse gas allowances under new, stricter limits.

California faces a “severe shortage” of transmission capacity needed to tap potential New Mexico and Wyoming wind resources, CAISO said.

Exelon and PSEG will have to wait until the next session of the New Jersey Legislature for a vote on a bill to provide payments to the state’s nuclear fleet.

MISO won FERC permission to expand its mitigation measures on narrowly constrained areas to address intense but temporary congestion.

Operators of traditional resources say the Vision 2030 paper drifts outside CAISO’s purpose of assuring reliability and managing markets.

ERCOT’s summer peak demand is expected to reach 85.01 GW by 2027, a 22.36% increase over this summer’s peak.