Markets
The New England wholesale electricity markets performed competitively in 2024, while decreased imports and higher emissions compliance rates increased overall market costs, the ISO-NE Internal Market Monitor told the NEPOOL Participants Committee.
MISO said its nine-year effort to replace its market platform will exceed original budget contingencies and won’t be completed until 2028, three years later than previously predicted.
A new analysis of the One Big Beautiful Bill Act from Aurora Energy Research found that the bill likely will increase wholesale power prices in NYISO and PJM.
Parties filed their first briefs in the appeal of FERC Order 1920, which mandated changes to regional transmission planning and cost-allocation rules.
Four Western utility executives participating in an Energy Bar Association webinar presented their reasoning for why they ultimately chose either SPP’s Markets+ or CAISO’s EDAM, with some eyeing the creation of a full regional transmission organization in the future.
Though progress on legislative action has stalled, permitting reform remains a vital step forward — one where policymakers can make a meaningful difference. As Congress reconvenes, this critical issue is back on the table, says Todd Snitchler.
The West-Wide Governance Pathways Initiative is preparing to file the incorporation documents for the independent RO that will govern CAISO’s energy markets, while funding challenges remain.
CAISO’s EDAM clinched a set of wins when FERC approved the market’s revised congestion revenue allocation model and authorized participation for the EDAM’s first two members — PacifiCorp and Portland General Electric.
ERCOT stakeholders, while raising concerns over the grid operator’s use of conservative operations, have endorsed staff’s recommendations for computing minimum ancillary service quantities for 2026.
After months of negotiations, the author of the California legislation needed to transform CAISO’s market into an independent regional energy market for the West is confident the state legislature will have a bill to vote on before the session wraps up
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