Energy Market
FERC and the organized power markets it oversees are facing huge challenges in trying to meet rising demand reliably and affordably.
Having finally added real-time co-optimization to the market like every other U.S. grid operator with an effort that began in 2019, ERCOT can turn its attention to other pressing issues.
The Extended Day-Ahead Market took center stage at CAISO in 2025 as the ISO tabled other long-term initiatives to ensure the market’s timely launch in May 2026, with PacifiCorp as its first participant.
MISO has indicated that new generation to serve data centers and other large loads will be mission critical over 2026 and said it will take pains to interconnect units.
CAISO is proposing a set of tariff changes for submission to FERC early in 2026 to help ease participants into the ISO’s new Extended Day-Ahead Market.
Responding to opposition from suppliers, IESO said it will not include a termination option in its procurement for long lead-time resources.
FERC told PJM to change its rules to allow for co-located load at generators, with new transmission services and other tweaks.
The Western Energy Markets Governing Body approved a set of revisions to CAISO's gas-fired energy generation resource management program after two years of work with stakeholders.
FERC approved an SPP tariff change that adds real-time dispatchable interchange transactions to its Integrated Marketplace, extending the current day-ahead market dispatchable transaction model into the real-time balancing market.
NYISO's Business Issues Committee and Operating Committee both endorsed tariff changes ahead of the completion of the Champlain Hudson Power Express.
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