A key House committee approved what would be the first comprehensive energy legislation in eight years, but hopes for passage dimmed after amendments favored by the oil and gas industry and reductions in funding eroded bipartisan support.

The PJM Markets and Reliability Committee voted overwhelmingly Thursday to raise the energy market offer cap to $2,000/MWh in a move that outgoing CEO Terry Boston called “the stakeholder process at its best.”

The MISO board’s Markets Committee met at Potomac Economics headquarters in Fairfax, Va., to review the Market Monitor’s quarterly metrics report and its monitoring procedures.

FERC sided with SPP's Market Monitoring Unit in a long-running dispute with generators over what costs can be included in mitigated offers.

New England politicians' urge to “do something” to combat high winter power prices risks undermining ISO-NE’s power market just as it has begun adding new generation, the head of NEPGA said.

Efforts by RTOs to increase their offer caps are overly reactionary to one winter season experience and do not indicate that a change in policy is warranted at this time, says Con Ed.

The Integrated System expands SPP's footprint to 14 states, adding the Dakotas and parts of Iowa, Minnesota, Montana and Wyoming.

Our summary of the issues scheduled for votes at the PJM MRC and MC on 10/01/15. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.

The authors of four competing proposals to change the $1,000/MWh energy market offer cap have agreed to put forward one plan for consideration by the PJM MRC.

FERC has charged Coaltrain Energy, a Pennsylvania-based power trading company with manipulating the PJM wholesale market.