FERC and New York regulators will hold a joint technical conference Nov. 5 to discuss the state’s capacity market and its plan to revamp the utility business model.

News briefs from the states within the PJM footprint. This week we include Delaware, Indiana, Maryland, New Jersey, North Carolina, Ohio, Pennsylvania and Virginia.

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.

Our summary of the issues scheduled for votes at the PJM MRC and MC on 09/18/14. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.

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.

Up-to-congestion (UTC) trading plummeted by about two thirds this week following a FERC order that could result in sharply increased costs for traders.

PJM has dropped a proposal to create a new real-time reserve market, bowing to stakeholder concerns over the cost and complexity.

FERC has identified 30 common performance metrics for comparing the performance of RTOs and ISOs, as well as utilities outside of organized markets.

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