FERC called for changes in ISO-NE’s capacity market rules but split over whether it should reject the results from the ISO’s February auction due to unchecked market power.

PJM’s Board of Managers will seek approval of changes in the capacity auction parameters despite load-serving entities’ requests that it delay action pending consideration of staff’s Capacity Performance proposal.

Generators said yesterday that PJM’s expectations for its Capacity Performance product are unrealistic and its proposed penalties unduly harsh.

FERC rejected an agreement between Duke Energy Carolinas and Duke Energy Progress to share capacity, saying the deal would be discriminatory.

PJM’s Market Monitor overstepped its authority in calculating the capacity offer cap, but the RTO’s Tariff may need to be changed, FERC ruled.

PJM’s plans to conduct winter tests of infrequently used generators could cost as much as $15.9 million, officials told the Operating Committee last week.

Dynegy said last week it will seek to move its Illinois generation to PJM unless MISO changes its capacity market rules.

Market Monitor Joe Bowring and stakeholders representing load expressed doubts last week about PJM’s latest capacity market proposals.

Dynegy’s purchase of Energy Capital Partners’ New England power plants will immediately make it a major participant in ISO-NE.

PJM members deadlocked last week on changes to capacity market parameters with none of five proposals winning a supermajority.