A Texas appeals court reversed PUC orders to keep ERCOT wholesale prices at the $9,000/MWh cap during the deadly February 2021 winter storm.

MISO tried to quell unease over its intended capacity accreditation with a stakeholder workshop to show that its proposal lines up with a new report.

FERC released its State of the Market report, which showed some of the highest natural gas and power prices in years.

The PJM MIC endorsed a problem statement and issue charge to explore multi-schedule modeling of combined cycle generators in the market clearing engine.

PJM stakeholders appeared split over proposals to delay the RTO’s capacity auctions to include market rule changes being considered by the Board of Managers.

The likelihood of a sloped demand curve in MISO’s capacity market earned seals of approval from panelists at GCPA’s 9th Annual MISO/SPP Regional Conference.

ISO-NE procured 31,370 MW in this year’s capacity auction, the grid operator said Friday.

Average PJM LMPs doubled to a record-high $80/MWh last year, driven mostly by coal and natural gas prices, the RTO’s Independent Market Monitor reported.

MISO said it experienced a “complete loss of monitoring or control capability” at its control center on March 1, setting off short-lived energy imbalances.

ERCOT CEO Pablo Vegas endorsed the PUC's performance credit mechanism, saying it will incent new and preserve existing dispatchable generation.