The Texas Supreme Court will review a lower court ruling on the Public Utility Commission’s emergency pricing orders during the deadly 2021 winter storm, potentially placing billions of dollars at stake.

PJM agreed to reduce its nonperformance penalties 31.7% for generators that could not meet their capacity obligations during the December 2022 winter storm.

MISO's August demand rose compared to a year ago, while prices dropped by nearly two-thirds.

PJM's Board of Managers has adopted a variant of the RTO annual capacity market CIFP proposal, which includes changes to risk modeling, accreditation and capacity performance.

When it comes to choosing between Western day-ahead market offerings, who else is participating in the market is a key consideration, a representative of a New Mexico utility said.

Western stakeholders expressed enthusiasm for the West-Wide Governance Pathway Initiative but called for more transparency in developing a regional market.

PJM's Markets and Reliability Committee endorsed issue charges, opening stakeholder discussions on generator deactivation timelines and a potential overhaul of the reserve markets during its Sept. 20 meeting.

PJM members recommended various avenues for the RTO's Board of Managers to consider as it weighs a possible FERC filing incorporating components of proposals made during the critical issue fast path process.

FERC issued an order that J.P. Morgan Investment Management qualified as an affiliate of Mankato Companies and IIF US Holding 2, through which it is tied to other firms including El Paso Electric.