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PJM stakeholders endorsed a proposal to create a cost recovery mechanism for generators which are required to make facility upgrades.
ERCOT staff are reviewing the spate of electric-related legislation that was recently passed by Texas lawmakers.
During its first open meeting since the recently concluded legislative session, the Public Utility Commission of Texas discussed its next steps in changing the ERCOT market.
PJM presented its CIFP proposal to overhaul the capacity market, with the new addition of a seasonal capacity model.
A comfortable result for MISO's 2023/24 auction does not guarantee sufficient capacity during the coming summer, executives said.
New England utilities have sought information on the agreement between ISO-NE and the Mystic power plant in Massachusetts.
PJM officials and stakeholders told FERC they oppose abandoning the RTO’s capacity market but disagree over the degree to which it needs to be changed.
ERCOT says it is prepared for triple-digit temperatures in much of Texas this week and next that are expected to lead to new records for peak demand.
The MIC voted against endorsing a proposal to expand the scope of the Reactive Power Compensation Task Force to include discussion of existing service rates.
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