Analysis Group outlined the methodology of its study of major changes to the structure of ISO-NE’s Forward Capacity Market (FCM) at the NEPOOL Markets Committee meeting.

Stakeholders appear divided over MISO’s proposal to use a downward sloping demand curve in its capacity auction, with criticisms mostly aimed at a provision to allow utilities to opt out of the auction for three years at a time.

Generators that plan to come online by the start of the 2025/26 delivery year will have until Dec. 12 to notify PJM of their intent to participate in the Base Residual Auction for that year.

NEPOOL members voted to delay FCA 19 by one year, seeking time to revise its capacity accreditation rules and consider a prompt or seasonal market.

Energy prices continued a year-over-year downward trajectory in September, MISO operations data showed.

PJM stated that FERC's approval of a six-day extension of the comment period in its CIFP filings would not affect the feasibility of having market changes implemented for the 2025/26 capacity auction slated for June 2024.

The PJM Markets and Reliability Committee rejected a proposal to change the rules for how generators with co-located load may enter into the capacity market during its Oct. 25 meeting.

Demand response providers in NYISO are concerned that proposed market rule changes will harm the economics of special case resources.

The PJM Markets and Reliability Committee overrode concerns from Illinois consumer advocates and regulators to create a fifth cost of new entry area for the Commonwealth Edison region.

OMS took time to celebrate its 20-year anniversary at its annual meeting while exploring familiar themes of restructuring resource adequacy and barriers to large transmission buildout.