Independent Market Monitor (IMM)

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PJM Stakeholders Considering Load Management Performance Penalties
PJM, Voltus and the RTO’s Independent Market Monitor presented proposals to establish penalties for demand response and price-responsive demand resources that fail to perform during a pre-emergency load management event.
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FERC Approves PJM CIR Transfer Proposal
FERC approved revisions to PJM’s tariff to streamline the process for the owners of a deactivating resource to transfer its capacity interconnection rights to a new unit at the same point of interconnection.
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MISO Tempers 2026 Budget Plan
MISO has trimmed its annual budget, now expecting to spend a little less than $431 million in 2026, down from nearly $450 million.
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MISO Usage, Outages Up in Fall 2025
MISO and its Monitor tracked a rise in energy consumption in fall 2025 and reviewed some operational rough patches, while the RTO explained why its machine-learning risk predictor remains a work in progress.
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Market Monitor Files Complaint Over PJM Large Load Interconnections
The Independent Market Monitor filed a complaint asking FERC to determine that PJM has the authority to hold off on large load interconnections if they would jeopardize transmission security or resource adequacy.
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PJM Stakeholders Reject All CIFP Proposals on Large Loads
The PJM Members Committee voted against each of the dozen proposals brought to address rising data center load as part of the RTO’s Critical Issue Fast Path process.
Google
PJM Stakeholders to Vote on Large Load CIFP Proposals
PJM stakeholders are to vote on a record-breaking number of proposals on how the RTO should integrate large loads without impacting resource adequacy.
MISO
MISO Agrees with All 4 IMM State of the Market Recs
MISO said all four recommendations in the Independent Market Monitor’s 2024 State of the Market Report are likely viable.
Entergy
IMM Advises Better Constraint Management After MISO Tx Emergency
MISO’s Independent Market Monitor said a MISO South September transmission emergency shows the RTO needs a better handle on constraint management within its markets.
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PJM Stakeholders Endorse Rules for DER Participation
The PJM Market Implementation Committee endorsed manual revisions that define how distributed energy resources will participate in the 2028/29 capacity auction.

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