FERC approved SPP’s market-to-market coordination rules with MISO, after the two RTOs resolved an earlier dispute over the creation of flowgates.

MISO’s Market Monitor urged FERC last week to resolve a standoff between MISO and PJM over interface pricing that he said is costing consumers millions.

FERC will accept comments until Feb. 19 on price formation in RTO and ISO energy and ancillary services markets.

Massachusetts needs additional natural gas pipeline capacity to avoid severe energy shortages in the next few decades, a study concluded.

FERC granted PJM’s request to increase the cost-based energy offer cap to $1,800/MWh through March.

The EPA will delay its three proposed carbon emission rules until mid-summer, as it coordinates their release to address new, existing and modified power plants during the same time frame.

PJM’s request to raise the cost-based energy offer cap to $1,800/MWh through March drew a flurry of comments and protests in the days before Christmas.

PJM is seeking to reach a consensus with neighboring RTOs on a long-term increase in the $1,000 energy offer cap.

FERC issued an Order to Show Cause seeking $29.8 million in fines from the Powhatan Fund, in a case that became the centerpiece of a debate over FERC enforcement policy during Commissioner Norman Bay’s confirmation process earlier this year.

Power prices briefly spiked above $1,000/MWh on Long Island Wednesday due to a combination of cold weather and an unplanned transmission outage.