FERC approved PJM’s proposed energy price formation revisions, agreeing with the RTO that its reserve market was not functioning as intended.

FERC granted Goldman Sachs Renewable Power Marketing authority to make market-based sales but said it would consider it an affiliate of The Goldman Sachs Group investment bank despite its objections.

The Market Implementation Committee held discussions on credit requirements and stability-limited generators, and received updates on the ARR/FTR Market Task Force and the nGEM project.

ERCOT stakeholders have began reviewing and commenting on the protocol changes the grid operator has drafted to add real-time co-optimization.

In its first report since the COVID-19 coronavirus pandemic forced most Texans to stay at home, ERCOT has seen a weekly 2% reduction in energy usage.

FERC approved settlements of two complaints over PJM’s regulation market design despite opposition from Dominion Energy and the Independent Market Monitor.

MISO might revise and refile a failed proposal designed to set penalties for non-capacity resources that exercise market power through physical withholding.

PJM stakeholders got their first look at the price floors that could be applied for capacity resources under the expanded minimum offer price rule.

ERCOT CEO Bill Magness told the Board of Directors the grid operator finished 2019 with a net positive variance of $35.4 million.

ISO-NE intends to design a forward ancillary services market to complement the day-ahead one proposed under its ESI initiative.