Markets

Hydro-Québec
NYISO Proposes ICAP Changes for New Entry Ahead of CHPE
NYISO is proposing changes to certain capacity market parameters to accommodate the Champlain Hudson Power Express transmission project, as well as facilitate the new entry of resources.
PNM
PNM Signs Agreement to Join CAISO’s EDAM

Public Service Company of New Mexico made it official: The utility signed an implementation agreement to begin participating in CAISO’s Extended Day-Ahead Market in fall 2027.

IESO
IESO Eyes New Tie-break Rules for November Capacity Auction

IESO will revise its procedure for breaking capacity auction ties in time for the 2025 contest in November.

Shutterstock
NYPA Raises Concern About Large Loads Suddenly Ceasing Operation
The most prolific worry about large load facilities like data centers is how to power them, but the New York Power Authority raised a new concern at the NYISO Budget & Priorities Working Group’s meeting. 
SPP
SPP Launches Markets+ Phase 2 With $150M Secured
SPP secured $150 million in financing and entered the second phase of development for its day-ahead market Markets+, the grid operator announced.
© RTO Insider
ERCOT Board of Directors Briefs: June 23-24, 2025
ERCOT CEO Pablo Vegas has gone public with the grid operator’s internal terminology that is shaping the market’s path forward, defining it for his Board of Directors and stakeholders. 
Quanta Infrastructure Solutions Group
New CAISO-Powerex Dispute Centers on ‘Voluntary’ Nature of EDAM
CAISO dismissed Powerex’s contention that the ISO only recently has “revealed” that participation in its EDAM is voluntary at the balancing authority level but not voluntary for “individual customers” operating within the BA participating in the market.
Potomac Economics
NEPOOL PC Briefs: June 24-26, 2025

ISO-NE and stakeholders discussed market performance, capacity auction reforms, the RTO’s 2026 budget and asset condition spending at the summer meeting of the NEPOOL Participants Committee.

© RTO Insider LLC
PJM Board Selects Cost Allocation for Eddystone
The PJM Board of Managers is pursuing an approach that would spread the cost of continuing to operate Constellation Energy’s Eddystone Generating Station to all PJM consumers.
Admin Monitor
Tenaska Power to Disgorge $28.2M in ERCOT Revenues
Tenaska Power Services and the Texas Public Utility Commission have reached settlementin which the company will pay a $353,500 penalty and disgorge $28.24 million in excess revenue made in the ERCOT market

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