Markets

RSS

PJM's CEO said challenges lie ahead for stakeholders as they wrestle with a possible overhaul to the capacity market to address resource adequacy concerns.

The MRC endorsed a proposal to reduce penalties for generators that don’t meet their capacity obligations during performance assessment intervals.

FERC ordered ISO-NE to reconsider its market mitigation rules because of an “unanticipated and highly atypical” situation that pushed prices higher Dec. 24.

ISO-NE gave the Participants Committee a review of the past winter and a preview of the next — with and without the Everett LNG terminal.

Environmental activists asked FERC to reject ISO-NE’s capacity auction results, calling payments to fossil fuel generators a climate and reliability risk.

A summary of the agenda items scheduled to be brought to a vote at the special PJM Members Committee meeting.

Western state regulators unanimously approved a revised charter for the Markets+ State Committee allowing additional states and Canadian provinces to join.

Stakeholders continued to refine proposals to overhaul PJM’s capacity market through the second phase of the RTO’s critical issues fast path process.

PJM Power Providers asked the 3rd U.S. Circuit Court of Appeals to overrule a FERC order allowing PJM to recalculate reliability requirement parameter for BRAs.

South Carolina would benefit from joining PJM or forming a new RTO with neighbors, Brattle Group said in a report to state legislators.