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February 20, 2025

LS Power

ITC Midwest
Incumbent Utilities Make Case for ROFR Laws in New Report
A band of incumbent utilities has collected case studies that they say demonstrate the need to instate or maintain the right of first refusal for the good of grid expansion.
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PJM Presents Capacity Price Cap and Floor to Members Committee
The Members Committee was sharply divided on an agreement in principle between PJM and Pennsylvania Gov. Josh Shapiro to institute a cap and floor on capacity prices for the 2026/27 Base Residual Auction and the following auction.
CenterPoint Energy
LS Power Files Complaint Against MISO over Indiana ROFR
LS Power has lodged a complaint against MISO for treating Indiana’s right of first refusal law as if it’s in effect when it’s under a preliminary injunction.
CAISO
FERC Approves CAISO’s SWIP-North Development Agreement
FERC approved an agreement between CAISO and LS Power to develop a transmission line that would deliver Idaho wind power into California and could help secure Idaho Power’s participation in the ISO’s Extended Day-Ahead-Market.
Algonquin Power
LS Power Completes Purchase of Algonquin Power’s Renewables
LS Power closed on its deal to buy Algonquin Power's renewable business, adding thousands of megawatts around North America along with a deep development pipeline of clean energy projects.
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PJM Capacity Market in Flux Going into 2025
PJM heads into 2025 with several proposals before FERC seeking to rework its capacity market and generator interconnection queue, while stakeholders work on an expedited Quadrennial Review of the market and changes to resource accreditation.
Calpine
NEPOOL Markets Committee Briefs: Dec. 10, 2024
ISO-NE continued work with stakeholders on its capacity auction reform project at the NEPOOL Markets Committee meeting, previewing 2025 discussions on the transition to a prompt capacity auction.
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Mass. Gov. Healey Preaches Collaboration at Energy Conference
Massachusetts Gov. Maura Healey emphasized the importance of collaboration among Northeastern states, provincial governments, energy companies, and labor groups at the New England Energy Summit.
ISO-NE
ISO-NE Stakeholders Respond to Potential Long-term Transmission RFP
Stakeholders expressed widespread support for the goals of NESCOE’s proposed procurement of transmission solutions in Maine and New Hampshire, while offering differing views on the scope and format of the solicitation.
Pennsylvania PUC
Pennsylvania PUC Examines PJM’s Tightening Reserve Margin
Pennsylvania regulators hosted several panels to discuss PJM's tightening reserve margins and how the PUC should respond to the situation, which at least promises more high prices in the near future before new supplies can come online.

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