FERC is moving to rescind the West-wide wholesale electricity price cap mechanism it instituted in 2002 in response to widespread price manipulation during the Western energy crisis of 2000/01.

The author behind the bill that would allow CAISO to relinquish market governance to an independent RO has delayed a hearing after several organizations withdrew support for the proposed legislation.

The heat wave at the end of June caused the average locational-based marginal price for the month to increase dramatically, NYISO said.

The Virginia SCC ordered changes to Dominion's IRP filings, requiring scenarios that meet state clean energy goals and have an increased level of storage, efficiency and demand-side management.

FERC has a tightrope to walk in balancing the requirements of a White House executive order requiring sunset clauses in regulations pertaining to energy, some of which are foundational to the economic regulation of electricity, while keeping its response in line with the Administrative Procedure Act.

MISO has filed with FERC to impose more exacting testing on its demand response resources in an effort to deflect fraud.

The Market Implementation Committee endorsed a proposal to allow demand response resources with behind-the-meter storage to participate in the regulation market when there is the capability for energy injections.

Key challenges in the review are tightening supply and demand, the uncertain cost of new capacity and accounting for changes PJM has made to how it identifies reliability risks and determines the capacity value for different resource types.

Comments about FERC's technical conference argued for a variety of reforms to address resource adequacy.