Tag: iso
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Netting sounds like plumbing — a back-office accounting convenience that lets a grid operator collapse a jumble of charges and credits into one tidy number. For decades, that’s mostly what it was. But in the last three years, netting has become one of the most contested ideas in U.S. electricity regulation, showing up in fights…
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On June 18, 2026, the Federal Energy Regulatory Commission (FERC) issued a landmark suite of six “show cause” orders directed at the nation’s major Regional Transmission Organizations (RTOs) and Independent System Operators (ISOs). This action targets the “unprecedented growth” of large loads, such as data centers and industrial electrification, which FERC warns are currently being…
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The Decoupling of Natural Gas and Wholesale Electricity Prices The 2025 market cycle was defined by a fundamental shift in grid economics: the structural decoupling of natural gas prices from wholesale electricity costs. Historically, gas units have acted as the primary marginal price setters, ensuring a tight correlation between fuel inputs and market outputs. However,…