ISO-NE's power prices dropped by more than 40% in the first quarter of 2015 thanks to lower natural gas costs, the Internal Market Monitor reported.

FERC approved PJM's Capacity Performance proposal, a dramatic restructuring of the RTO's capacity market.

Increased use of renewable energy will depress energy prices, increase capacity prices and lead to early retirement of baseload plants, according to ISO-NE.

Former FERC Chairman Jon Wellinghoff improperly shared non-public deposition testimony from a commission investigation at an energy conference in March, according to a report by the Department of Energy's Inspector General.

FERC was the subject of intense criticism Wednesday and Thursday as members of a congressional subcommittee considered legislation to rein in the agency’s Office of Enforcement.

A round-up of news from the PJM Markets Committee on May 21, 2015.

With its reliance on demand response and behind-the-meter generation increasing amid generator retirements, MISO plans to update the way it sets prices during emergency resource offers.

PJM Market Monitor Joe Bowring had a lively debate with one of the consultants for Powhatan Energy over the “duty” of market participants to self-police against market manipulation.

PJM and the Monitor are considering the changes to reduce uplift and gaming opportunities and allow quicker solving of the day-ahead energy market.

New York regulators on Wednesday declined for the third time to renegotiate a contract with a financially troubled biomass generation plant.