Consumers and electric distributors in PJM opposed a proposal to revise two financial parameters used to calculate the cost of new entry input to the 2027/28 Base Residual Auction.

PJM has decided not to refile several components of its proposed capacity market redesign that was rejected by FERC in February.

MISO’s Independent Market Monitor debuted six new market recommendations this year as part of his annual State of the Market report.

Congestion revenue rights auctions averaged $62 million in losses between 2019 and 2023, down nearly $50 million since changes were implemented in 2019 but “still very high,” said CAISO’s Department of Market Monitoring.

Average load-weighted electricity prices in PJM fell by around half in 2023, the Independent Market Monitor said in its annual State of the Market Report.

Columnist Steve Huntoon says a recent Moody’s report uses misleading data to make its case for investing in transmission to solve reliability problems.

The United States Court of Appeals for the District of Columbia Circuit sided with FERC, upholding its decision to suspend PJM's transmission penalty factor when it was driving up prices in Virginia.

The D.C. Circuit upheld FERC’s decision to OK PJM’s FTR forfeiture rule without ordering refunds under previous rules implemented without commission approval.

MISO’s Independent Market Monitor reported that the RTO’s financial transmission rights market came up short by more than $60 million this spring.