The NYISO Business Issues Committee approved revisions to the Ancillary Services Manual and ICAP Manual, and discussed FERC's approval of its BSM rules.

FERC ordered show-cause proceedings on the transmission formula rate protocols of four utilities in SPP.

FERC has allowed MISO to use a separate-but-equal postage stamp rate divided between MISO Midwest and MISO South for some of its major transmission buildout.

President Biden said he will nominate FERC Chair Richard Glick for another five-year term. If confirmed, Glick could be on the commission well into 2027.

FERC approved tariff revisions to correct a defect in how CAISO sets penalty prices for the relaxation of intertie transmission constraints.

FERC permitted GridLiance High Plains to offload its controversial Nixa, Mo., transmission assets to the Missouri Joint Municipal Electric Utility Commission.

A summary of the agenda items scheduled to be brought to a vote at the PJM Markets and Reliability Committee meeting on May 25, 2022.

FERC continued to tell utilities to refund premiums they earned on top of extraordinarily high prices in August 2020 during a heat wave.

FERC raised concerns that several proposed changes to NERC's Rules of Procedure may negatively impact on the ERO's compliance enforcement programs.

FERC commissioners expressed alarm over forecasts of potential supply shortfalls this summer in the West, ERCOT, MISO and SPP.