Markets

U.S. Army Corps of Engineers
BPA’s Exit from WEIM Necessary for Markets+ Preparation, Staff Says
The Bonneville Power Administration’s planned departure from the Western Energy Imbalance Market has prompted questions about how the agency will handle the yearlong period before it joins SPP’s Markets+.
SPP
SPP RTO Expansion Members Affirm April 1 Go-live
Future participants in SPP’s RTO expansion into the Western Interconnection have affirmed their support to meet the April 1 go-live deadline with a unanimous vote of support.
U.S. Army Corps of Engineers
BPA Releases Draft Decision Solidifying Markets+ Choice
BPA released its draft proposed decision to join SPP’s Markets+, saying that preparations have advanced to a point where it can “move forward with implementation and propose joining Markets+ in October 2028.”
Monitoring Analytics
Monitor Urges PJM to Make Data Centers Bear Grid Burden
PJM’s Independent Market Monitor warned the cost of wholesale power in the RTO will continue to rise with the rapid addition of data center load without enough capacity to serve it.
© RTO Insider 
EDAM Governance Questioned During NV Energy Hearing
As Nevada regulators consider NV Energy's request to join CAISO's Extended Day-Ahead Market, the debate over the independence of EDAM's governance is intensifying.
Granite Shore Power
ISO-NE Proposes Cut to Performance Payment Rate
ISO-NE proposed to reduce its performance payment rate by more than 60% in response to concerns that excessive penalties will have unintended consequences for the capacity market.
PJM
PJM Plans to Release Reliability Backstop Design in April
PJM has updated its thinking on the design of its reliability backstop procurement to meet rising data center load, gravitating toward a model in which the RTO would determine the amount of capacity to be purchased and act as the administrator and counterparty to the resulting agreements.
Microsoft
Searchlight Report Calls for Infrastructure Fund for Data Center Development
A new report argues for an infrastructure fund to entice data center developers to commit to modernizing the grid as they invest in upgrades required by their new demand.
© RTO Insider 
2025/26 Most Expensive Winter in History of ISO-NE Markets
The winter of 2025/26 was the most expensive winter in the history of ISO-NE’s wholesale markets, driven by the lowest average temperatures in 20 years.
© RTO Insider 
EPSA Summit Held with ISO/RTOs in the Middle of the Political Debate
Politicians increasingly are interested in wholesale markets, which has meant price caps but also is pushing regulators and the industry to move faster on meeting rising demand affordably and reliably.

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