Markets
FERC approved SPP’s $150 million funding agreement for Markets+ and the funding mechanisms under which the RTO will finance the implementation phase of the market’s development.
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.
A California senate committee voted unanimously in favor of the Pathways bill, bringing the Golden State closer to allowing CAISO to cede oversight of its energy markets to an independent RO.
Columnist Peter Kelly-Detwiler writes about the explosion of data center load requests and the enormous risks to utilities and ratepayers of overbuilding assets.
The committees are expected to vote on manual revisions and hear a proposal to rework how resources providing black start service are compensated.
Rapid demand growth within ERCOT was a major point of discussion at the Gulf Coast Power Association's recent Spring Conference.
Two power industry CEOs at the Gulf Coast Power Association’s spring conference offered two different takes on ERCOT load growth over the rest of the decade — and how the sector should deal with a potential doubling of peak demand by 2031.
CAISO released a draft final proposal detailing how EDAM will allocate congestion revenues in circumstances when a transmission constraint in one BAA produces “parallel” flows in a neighboring BAA also participating in the market.
Opponents of the Southeast Energy Exchange Market said FERC's language calling for revisions to the market agreement was unclear and suggested changes to remove potential confusion.
An appeals court has denied Entergy’s repeat attempt to revive a 50% minimum capacity obligation rule for MISO’s load-serving entities, concluding Entergy lacked standing.
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