Energy Market
The return of demand growth is something new in the electricity industry, especially as it is being driven by individual consumers whose load can exceed the peak demand of a small state, and it is giving new life to an old argument in state legislatures: restructuring the industry.
CAISO is moving toward approval of an $8.5 million financing plan for the Regional Organization for Western Energy’s start-up costs.
One of the first items the yet-to-be-seated board of the Regional Organization for Western Energy could decide on is whether to administer a resource adequacy program, as backers seek to have a proposal in place later in 2026.
Participants in CAISO’s Extended Day-Ahead Market likely would remain subject to the market’s daily resource sufficiency evaluation even if they joined a new resource adequacy program that’s being crafted.
The Bonneville Power Administration’s planned departure from the Western Energy Imbalance Market has prompted questions about how the agency will handle the yearlong period before it joins SPP’s Markets+.
BPA released its draft proposed decision to join SPP’s Markets+, saying that preparations have advanced to a point where it can “move forward with implementation and propose joining Markets+ in October 2028.”
PJM’s Independent Market Monitor warned the cost of wholesale power in the RTO will continue to rise with the rapid addition of data center load without enough capacity to serve it.
As Nevada regulators consider NV Energy's request to join CAISO's Extended Day-Ahead Market, the debate over the independence of EDAM's governance is intensifying.
The winter of 2025/26 was the most expensive winter in the history of ISO-NE’s wholesale markets, driven by the lowest average temperatures in 20 years.
Politicians increasingly are interested in wholesale markets, which has meant price caps but also is pushing regulators and the industry to move faster on meeting rising demand affordably and reliably.
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