CAISO said millions of residents could be blacked out this week because it does not have enough power to meet demand during the heat wave.

FERC ordered PJM to begin billing up-to-congestion transactions for uplift, calling the RTO’s current rules unjust and unreasonable.

PJM has responded to the Market Monitor’s annual State of the Market Report, highlighting five different areas of focus out of hundreds of recommendations.

Participants in PJM’s markets must provide more financial records, corporate information and details of prior defaults under rules effective June 1.

PJM is moving forward with its plan to hire a consultant to conduct a review of the RTO’s auction revenue rights and financial transmission rights.

XO Energy has filed a new challenge to the way PJM and its Independent Market Monitor prevent gaming in the FTR market.

Traders behind a request to update decade-old RTO credit policies fired back against claims that its filing proposes a “one-size-fits-all solution."

The ISO/RTO Council asked FERC to reject financial traders’ request to update RTO credit policies, saying it would upset stakeholder proceedings.

PJM must provide FERC with a refreshed briefing on whether the RTO still wants to charge uplift on all virtual trades in light of recent market changes.

FERC reversed its position again in a more than decadelong dispute over line-loss refunds, ordering PJM to surcharge load to recover overpayments.