Markets

NERC
Could the U.K.’s Cap-and-Floor Model Unlock Interregional Tx in the U.S.?
The United Kingdom has found success with a cap-and-floor model for transmission where interconnectors to other countries are guaranteed minimum revenues, but return earnings over the cap to customers.
PJM
Much Ado in PJM, but There is No Crisis
Despite the Trump administration and all 13 PJM governors proposing a host of new initiatives, the RTO falling short of its reliability requirement does not constitute a crisis, writes columnist Steve Huntoon.
© RTO Insider LLC
SPP’s MOPC Adds Conditional IC Process for Large Loads
SPP stakeholders have overwhelmingly endorsed a conditional interconnection process for large loads that will be paired with two other FERC-approved processes.
PJM
PJM MRC/MC Preview: Jan. 22, 2026
A summary of the agenda items scheduled to be brought to a vote at the PJM Markets and Reliability Committee and Members Committee meetings.
NYISO
NYISO Operating Committee Passes Final Capacity Requirements
The NYISO Operating Committee has approved the ISO’s locational capacity requirements despite multiple stakeholders abstaining from the vote in protest of the process.
MISO
MISO to End Market Platform Project in 2026, Leave Major Real-time Market Work Unfinished
After nine years, MISO will close out its multiphase market platform replacement project, leaving a bulk of unfinished work on its real-time market.
Burns and McDonnell
MISO Preliminary Auction Data Shows Added Load in 2026/27
MISO is registering and accrediting resources to meet a roughly 2-GW uptick in load for the 2026/27 planning year.
© RTO Insider LLC
PJM Board of Managers Selects CIFP Proposal to Address Large Load Growth
The PJM Board of Managers has selected a path forward for addressing a groundswell of large load interconnections expected over the coming decade.
PJM
White House and PJM Governors Call for Backstop Capacity Auction
The White House and PJM's governors called for a special backstop capacity auction to procure $15 billion worth of new dispatchable generation, which is to be paid for by data centers.
ISO-NE
ISO-NE’s Proposed Capacity Market Reform Likely to Boost Reliability While Resulting in Higher Prices
ISO-NE is reforming its approach to acquiring sufficient capacity, which has shaken things up considerably, writes columnist Peter Kelly-Detwiler.

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