ERCOT stakeholders endorsed a protocol change that creates a process to compensate market participants when a constrained management plan or switching instruction trips a generator that otherwise would have stayed online.

The PJM Markets and Reliability Committee endorsed a proposal to rework how resources are compensated for providing black start service the RTO says will provide more predictable revenues for participating market sellers.

Markets+ stakeholders will have little opportunity to ease up in coming months despite a wave of favorable developments for the market.

 

MISO’s 2025/26 capacity auction returned $666.50/MW-day prices across all zones in the summer, reinforcing the need for members to build new generation fast, the grid operator said.

IESO is scheduled to launch its new nodal market May 1, a change it says will save Ontario $700 million over the next decade through reduced out-of-market payments and increased efficiency.

TURN is finding some success in getting California state lawmakers to address the group’s concerns about what the Trump administration might do if the state moves forward with plans to hand over control of CAISO’s energy markets to an independent regional organization.

MISO said it will debut a new flag system within weeks to give stronger signals to generation owners when their units deviate from their dispatch instructions.

FERC’s approval of SPP’s Markets+ funding agreement and its recovery mechanism came as backers of the Western centralized day-ahead market were meeting with the snow-capped Rockies as a backdrop.

FERC approved a PJM proposal to limit capacity prices to between $175 and $325/MW-day for the next two Base Residual Auctions, resolving a complaint from Pennsylvania Gov. Josh Shapiro.