PJM told the Market Implementation Committee that the Board of Managers’ investigation of the GreenHat Energy FTR default will run through the new year.

CAISO provided details on its plans for major changes to improve the alignment of its day-ahead market with real-time demand.

CAISO is advancing into the second phase of reforms to its congestion revenue rights (CRR) auction, focusing on implementing a structure that provides only a partial congestion hedge rather than a full one.

CAISO's Extended Day-Ahead Market proposal could be done without the political entanglements involved with an RTO, Sarah Edmonds said.

PJM stakeholders at last week’s Market Implementation Committee meeting approved two problem statements and issue charges presented by Exelon.

CAISO defended its deployment of gas price adders that have been activated frequently in the face of cold weather, wildfires and concerns about pipeline outages.

The CAISO Board of Governors enacted new governance policies and named Governor David Olsen as chairman.

NYISO power prices surged to an average of $99.55/MWh in January, up 89% from December and 148% from the same month a year ago.

ERCOT’s Technical Advisory Committee asked its Wholesale Market Subcommittee to determine what went wrong during two recent market events.

The Energy Imbalance Market Governing Body rejected the CAISO move to change how members of the panel are nominated.